International Consolidated Airlines Group (OTCMKTS:ICAGY) Hits New 52-Week High – What’s Next?

Shares of International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $6.39 and last traded at $6.36, with a volume of 273311 shares traded. The stock had previously closed at $6.18.

International Consolidated Airlines Group Stock Up 1.9 %

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 has a market capitalization of $6.35 billion, a PE ratio of 2.06, a P/E/G ratio of 0.75 and a beta of 2.19. The business has a 50-day moving average of $5.58 and a 200 day moving average of $4.83.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last announced its quarterly earnings results on Friday, November 8th. The transportation company reported $1.60 earnings per share for the quarter, topping the consensus estimate of $0.55 by $1.05. International Consolidated Airlines Group had a net margin of 9.12% and a return on equity of 103.74%. The company had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $10.21 billion. Equities research 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

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.