International Consolidated Airlines Group (LON:IAG) Sets New 52-Week Low at $133.01

International Consolidated Airlines Group S.A. (LON:IAG) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 133.01 ($1.72) and last traded at GBX 163.30 ($2.11), with a volume of 14368873 shares traded. The stock had previously closed at GBX 164.90 ($2.13).

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of International Consolidated Airlines Group in a research note on Thursday, June 13th. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 230 ($2.97) price objective on shares of International Consolidated Airlines Group in a research report on Tuesday, June 18th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of International Consolidated Airlines Group from GBX 200 ($2.59) to GBX 215 ($2.78) and gave the company a “hold” rating in a report on Tuesday, April 23rd.

International Consolidated Airlines Group Trading Down 1.0 %

The company has a market capitalization of £8.03 billion, a PE ratio of 362.89, a P/E/G ratio of 0.21 and a beta of 2.31. The company has a debt-to-equity ratio of 490.60, a quick ratio of 0.63 and a current ratio of 0.63. The business has a fifty day moving average price of GBX 171.19 and a 200 day moving average price of GBX 163.70.

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.