International Consolidated Airlines Group (LON:IAG) Hits New 12-Month Low – Here’s Why

International Consolidated Airlines Group S.A. (LON:IAG)’s share price reached a new 52-week low during trading on Friday . The company traded as low as GBX 2.33 ($0.03) and last traded at GBX 230 ($2.99), with a volume of 2147000000 shares. The stock had previously closed at GBX 218.80 ($2.85).

International Consolidated Airlines Group Price Performance

The company has a fifty day simple moving average of GBX 201.81 and a two-hundred day simple moving average of GBX 182.29. The stock has a market capitalization of £11.35 billion, a price-to-earnings ratio of 528.10, a PEG ratio of 0.21 and a beta of 2.31. The company has a debt-to-equity ratio of 337.70, a quick ratio of 0.63 and a current ratio of 0.70.

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.