International Consolidated Airlines Group (LON:IAG) Hits New 1-Year Low – Here’s Why

International Consolidated Airlines Group S.A. (LON:IAG) shares reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 3.42 ($0.04) and last traded at GBX 236.30 ($3.04), with a volume of 21908307 shares changing hands. The stock had previously closed at GBX 237.70 ($3.06).

International Consolidated Airlines Group Trading Up 1.6 %

The business’s fifty day moving average is GBX 205.07 and its two-hundred day moving average is GBX 183.66. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 337.70. The firm has a market cap of £11.76 billion, a price-to-earnings ratio of 559.29, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31.

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.