International Consolidated Airlines Group (LON:IAG) Sets New 12-Month High – Still a Buy?

International Consolidated Airlines Group S.A. (LON:IAG) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 240.20 ($3.09) and last traded at GBX 239.60 ($3.08), with a volume of 31520180 shares changing hands. The stock had previously closed at GBX 234.50 ($3.02).

International Consolidated Airlines Group Stock Performance

The stock’s 50 day simple moving average is GBX 205.07 and its two-hundred day simple moving average is GBX 183.66. The company has a debt-to-equity ratio of 337.70, a current ratio of 0.70 and a quick ratio of 0.63. The stock has a market cap of £11.76 billion, a P/E ratio of 571.67, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31.

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.