International Consolidated Airlines Group (LON:IAG) Hits New 52-Week High – Should You Buy?

Shares of International Consolidated Airlines Group S.A. (LON:IAG) hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 255.50 ($3.21) and last traded at GBX 255.30 ($3.21), with a volume of 96717766 shares traded. The stock had previously closed at GBX 252.90 ($3.18).

International Consolidated Airlines Group Stock Up 1.3 %

The firm’s fifty day simple moving average is GBX 215.13 and its two-hundred day simple moving average is GBX 187.96. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 337.70. The company has a market capitalization of £12.55 billion, a price-to-earnings ratio of 602.14, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31.

International Consolidated Airlines Group Company Profile

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.