International Consolidated Airlines Group (LON:IAG) Share Price Passes Above Two Hundred Day Moving Average of $173.21

International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 173.21 ($2.32) and traded as high as GBX 207.25 ($2.78). International Consolidated Airlines Group shares last traded at GBX 203.60 ($2.73), with a volume of 14,207,066 shares traded.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Royal Bank of Canada reaffirmed an "outperform" rating and set a GBX 230 ($3.08) price target on shares of International Consolidated Airlines Group in a research note on Tuesday, June 18th. JPMorgan Chase & Co. reissued an "overweight" rating on shares of International Consolidated Airlines Group in a research note on Thursday, June 13th.

International Consolidated Airlines Group Stock Up 0.8 %

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 stock has a 50 day simple moving average of GBX 179.26 and a 200 day simple moving average of GBX 173.60. The firm has a market capitalization of £10.06 billion, a PE ratio of 488.81, a PEG ratio of 0.21 and a beta of 2.31.

International Consolidated Airlines Group Cuts Dividend

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

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.