International Consolidated Airlines Group (LON:IAG) Stock Passes Above 200-Day Moving Average - Should You Sell?

International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 210.11 ($2.62) and traded as high as GBX 304.50 ($3.80). International Consolidated Airlines Group shares last traded at GBX 304.50 ($3.80), with a volume of 17,626,465 shares changing hands.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on IAG shares. JPMorgan Chase & Co. reiterated a "buy" rating on shares of International Consolidated Airlines Group in a research note on Wednesday, December 4th. Deutsche Bank Aktiengesellschaft upgraded shares of International Consolidated Airlines Group to a "buy" rating and lifted their target price for the stock from GBX 215 ($2.68) to GBX 400 ($4.99) in a research note on Wednesday, December 11th.

International Consolidated Airlines Group Trading Up 0.8 %

The company has a 50 day simple moving average of GBX 264.14 and a two-hundred day simple moving average of GBX 211.11. The company has a debt-to-equity ratio of 337.70, a quick ratio of 0.63 and a current ratio of 0.70. The firm has a market cap of £15.03 billion, a PE ratio of 730.48, a P/E/G 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.