International Consolidated Airlines Group (OTCMKTS:ICAGY) Stock Price Up 1.4%

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY)’s stock price shot up 1.4% on Monday . The stock traded as high as $4.50 and last traded at $4.45. 55,319 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 69,395 shares. The stock had previously closed at $4.39.

Wall Street Analyst Weigh In

Several research firms recently issued reports on ICAGY. Morgan Stanley raised shares of International Consolidated Airlines Group from an “underweight” rating to an “overweight” rating in a report on Wednesday. Royal Bank of Canada upgraded shares of International Consolidated Airlines Group from a “sector perform” rating to an “outperform” rating in a research report on Thursday, March 21st.

International Consolidated Airlines Group Stock Performance

The company has a debt-to-equity ratio of 4.22, a current ratio of 0.63 and a quick ratio of 0.60. The stock has a 50 day simple moving average of $4.33 and a two-hundred day simple moving average of $4.06. The company has a market cap of $4.45 billion, a PE ratio of 1.50, a PEG ratio of 0.97 and a beta of 2.19.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last announced its quarterly earnings data on Friday, May 10th. The transportation company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.06). The business had revenue of $6.98 billion for the quarter, compared to analyst estimates of $6.95 billion. International Consolidated Airlines Group had a return on equity of 197.29% and a net margin of 9.14%. Equities analysts predict that International Consolidated Airlines Group S.A. will post 0.95 EPS for the current year.

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.