International Consolidated Airlines Group (LON:IAG) Sets New 52-Week High - Here's What Happened

International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report)'s stock price hit a new 52-week high on Monday . The company traded as high as GBX 217.20 ($2.82) and last traded at GBX 216.40 ($2.81), with a volume of 97427023 shares traded. The stock had previously closed at GBX 212.54 ($2.76).

International Consolidated Airlines Group Price Performance

The stock has a market cap of £10.52 billion, a P/E ratio of 509.67, a P/E/G ratio of 0.21 and a beta of 2.31. 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 business has a 50 day simple moving average of GBX 195.77 and a 200-day simple moving average of GBX 179.69.

International Consolidated Airlines Group Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, September 9th. Shareholders of record on Thursday, September 5th were paid a €0.03 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a yield of 1.58%. International Consolidated Airlines Group's dividend payout ratio is currently 1,190.48%.

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.