International Consolidated Airlines Group (LON:IAG) Hits New 1-Year Low - Here's Why

International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 3.36 ($0.04) and last traded at GBX 340.30 ($4.30), with a volume of 270405063 shares changing hands. The stock had previously closed at GBX 336.10 ($4.25).

Analysts Set New Price Targets

Several analysts have commented on IAG shares. Deutsche Bank Aktiengesellschaft raised International Consolidated Airlines Group to a "buy" rating and upped their price objective for the company from GBX 215 ($2.72) to GBX 400 ($5.05) in a research note on Wednesday, December 11th. JPMorgan Chase & Co. reissued a "buy" rating on shares of International Consolidated Airlines Group in a research note on Wednesday, December 4th.

International Consolidated Airlines Group Trading Down 1.2 %

The firm has a market cap of £19.26 billion, a price-to-earnings ratio of 6.89, a PEG ratio of 0.21 and a beta of 2.31. The company has a debt-to-equity ratio of 338.12, a quick ratio of 0.63 and a current ratio of 0.70. The business has a fifty day moving average of GBX 320.65 and a two-hundred day moving average of GBX 246.58.

About International Consolidated Airlines Group

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.