International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY - Get Free Report)'s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $8.03 and traded as low as $6.62. International Consolidated Airlines Group shares last traded at $6.73, with a volume of 36,458 shares traded.
Analyst Upgrades and Downgrades
ICAGY has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft upgraded International Consolidated Airlines Group from a "hold" rating to a "buy" rating in a research note on Wednesday, December 11th. The Goldman Sachs Group cut International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 10th. Barclays lowered shares of International Consolidated Airlines Group from a "strong-buy" rating to a "strong sell" rating in a research note on Wednesday, March 12th. Finally, Sanford C. Bernstein downgraded shares of International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, International Consolidated Airlines Group has a consensus rating of "Hold".
Check Out Our Latest Stock Analysis on International Consolidated Airlines Group
International Consolidated Airlines Group Price Performance
The company has a debt-to-equity ratio of 2.71, a current ratio of 0.70 and a quick ratio of 0.67. The company's 50 day simple moving average is $7.91 and its 200 day simple moving average is $6.99. The company has a market capitalization of $13.75 billion, a PE ratio of 1.82, a price-to-earnings-growth ratio of 0.69 and a beta of 1.92.
International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) last announced its quarterly earnings results on Friday, February 28th. The transportation company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.21 by $0.07. International Consolidated Airlines Group had a net margin of 9.12% and a return on equity of 138.31%. The firm had revenue of $8.58 billion for the quarter, compared to analyst estimates of $7.62 billion. As a group, sell-side analysts predict that International Consolidated Airlines Group S.A. will post 1.07 earnings per share for the current year.
International Consolidated Airlines Group Company Profile
(
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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.
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