International Consolidated Airlines Group (OTCMKTS:ICAGY) Hits New 1-Year High – Here’s Why

Shares of International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $6.19 and last traded at $6.19, with a volume of 193853 shares trading hands. The stock had previously closed at $6.09.

International Consolidated Airlines Group Stock Up 1.6 %

The firm’s 50-day simple moving average is $5.41 and its 200 day simple moving average is $4.74. The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.67 and a current ratio of 0.70. The stock has a market capitalization of $6.07 billion, a P/E ratio of 1.94, a PEG ratio of 0.72 and a beta of 2.19.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last issued its quarterly earnings results on Friday, November 8th. The transportation company reported $1.60 EPS for the quarter, beating the consensus estimate of $0.55 by $1.05. International Consolidated Airlines Group had a return on equity of 103.74% and a net margin of 9.12%. The firm had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $10.21 billion. As a group, research analysts expect that International Consolidated Airlines Group S.A. will post 1.07 EPS for the current year.

International Consolidated Airlines Group Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, September 6th were paid a $0.0671 dividend. The ex-dividend date of this dividend was Friday, September 6th. International Consolidated Airlines Group’s dividend payout ratio is 1.59%.

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.