International Consolidated Airlines Group (OTCMKTS:ICAGY) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Shares of International Consolidated Airlines Group SA (OTCMKTS:ICAGYGet Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $11.98 and traded as high as $11.98. International Consolidated Airlines Group shares last traded at $11.92, with a volume of 30,879 shares trading hands.

International Consolidated Airlines Group Stock Up 0.1%

The stock has a market capitalization of $26.35 billion, a PE ratio of 3.12, a P/E/G ratio of 0.71 and a beta of 1.63. The stock’s fifty day simple moving average is $11.98 and its 200-day simple moving average is $11.14. The company has a current ratio of 0.70, a quick ratio of 0.66 and a debt-to-equity ratio of 1.48.

International Consolidated Airlines Group (OTCMKTS:ICAGYGet Free Report) last posted its quarterly earnings data on Friday, May 8th. The transportation company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.06 by $0.15. The firm had revenue of $8.40 billion during the quarter, compared to analyst estimates of $8.41 billion. International Consolidated Airlines Group had a net margin of 9.21% and a return on equity of 129.76%. As a group, sell-side analysts forecast that International Consolidated Airlines Group SA will post 1.52 EPS for the current fiscal year.

International Consolidated Airlines Group Company Profile

(Get Free Report)

International Consolidated Airlines Group (OTCMKTS:ICAGY) is a Europe-focused airline holding company formed in 2011 through the combination of British Airways and Iberia. The group owns and operates a portfolio of passenger carriers that provide short-haul, long-haul and low-cost services, together with associated aviation businesses. Its operations span international and domestic markets, with extensive networks across Europe, transatlantic routes and links to Latin America and other global destinations.

IAG’s principal airline brands include British Airways, Iberia, Aer Lingus, Vueling and LEVEL.

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