International Consolidated Airlines Group (OTCMKTS:ICAGY) Stock Price Down 1.1% – Should You Sell?

International Consolidated Airlines Group SA (OTCMKTS:ICAGY) shares traded down 1.1% on Friday. The company traded as low as $11.05 and last traded at $11.16. 110,632 shares traded hands during trading, an increase of 69% from the average daily volume of 65,430 shares. The stock had previously closed at $11.28.

International Consolidated Airlines Group Price Performance

The company has a debt-to-equity ratio of 1.38, a current ratio of 0.77 and a quick ratio of 0.73. The company’s 50-day simple moving average is $11.59 and its 200-day simple moving average is $11.31. The stock has a market capitalization of $24.43 billion, a P/E ratio of 2.92, a price-to-earnings-growth ratio of 0.93 and a beta of 1.72.

International Consolidated Airlines Group Company Profile

International Consolidated Airlines Group SA (OTCMKTS:ICAGY), commonly known as IAG, is an airline holding company formed in 2011 through the merger of British Airways and Iberia. The group is headquartered in Madrid, Spain, with a corporate presence in London, and its shares are listed in the United Kingdom and Spain.

IAG owns and manages a portfolio of airline businesses, including British Airways, Iberia, Aer Lingus, Vueling and LEVEL. These airlines provide scheduled passenger and cargo services across domestic, European and long-haul international markets.