International Consolidated Airlines Group S.A. (LON:IAG - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 175.31 ($2.34) and traded as high as GBX 196 ($2.62). International Consolidated Airlines Group shares last traded at GBX 190.90 ($2.55), with a volume of 33,959,889 shares trading hands.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on IAG shares. Royal Bank of Canada reaffirmed an "outperform" rating and issued a GBX 230 ($3.08) price objective on shares of International Consolidated Airlines Group in a report on Tuesday, June 18th. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of International Consolidated Airlines Group in a research report on Thursday, June 13th.
Get Our Latest Stock Analysis on IAG
International Consolidated Airlines Group Price Performance
The stock has a market capitalization of £9.29 billion, a PE ratio of 454.52, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31. The business's 50-day moving average price is GBX 182.56 and its 200 day moving average price is GBX 175.31. The company has a debt-to-equity ratio of 337.70, a quick ratio of 0.63 and a current ratio of 0.70.
International Consolidated Airlines Group Cuts Dividend
The firm 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
(
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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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