International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY - Get Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $7.34 and traded as low as $6.65. International Consolidated Airlines Group shares last traded at $6.74, with a volume of 306,743 shares trading hands.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on ICAGY shares. Sanford C. Bernstein downgraded International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 12th. Barclays lowered International Consolidated Airlines Group from a "strong-buy" rating to a "strong sell" rating in a report on Wednesday, March 12th. Finally, The Goldman Sachs Group downgraded shares of International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a report on Monday, February 10th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, International Consolidated Airlines Group currently has an average rating of "Hold".
View Our Latest Analysis on International Consolidated Airlines Group
International Consolidated Airlines Group Stock Up 1.6 %
The company has a 50 day moving average of $7.25 and a 200-day moving average of $7.12. The company has a debt-to-equity ratio of 2.71, a current ratio of 0.70 and a quick ratio of 0.67. The company has a market cap of $16.90 billion, a P/E ratio of 2.25, a price-to-earnings-growth ratio of 0.69 and a beta of 1.92.
International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) last issued its quarterly earnings results on Friday, February 28th. The transportation company reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.07. The firm had revenue of $8.58 billion during the quarter, compared to the consensus estimate of $7.62 billion. International Consolidated Airlines Group had a return on equity of 138.31% and a net margin of 9.12%. On average, equities analysts predict that International Consolidated Airlines Group S.A. will post 1.07 earnings per share for the current year.
About International Consolidated Airlines Group
(
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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.
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