International Consolidated Airlines Group (LON:IAG) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

International Consolidated Airlines Group S.A. (LON:IAG) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 178.34 ($2.33) and traded as high as GBX 213.90 ($2.79). International Consolidated Airlines Group shares last traded at GBX 213.10 ($2.78), with a volume of 8,878,223 shares traded.

International Consolidated Airlines Group Stock Up 0.0 %

The firm has a market cap of £10.44 billion, a PE ratio of 507.38, a price-to-earnings-growth ratio of 0.21 and a beta of 2.31. The company has a 50-day simple moving average of GBX 191.17 and a 200-day simple moving average of GBX 178.34. The company has a debt-to-equity ratio of 337.70, a current ratio of 0.70 and a quick ratio of 0.63.

International Consolidated Airlines Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 9th. Shareholders of record on Thursday, September 5th were given a €0.03 ($0.03) dividend. The ex-dividend date was Thursday, September 5th. This represents a yield of 1.58%. International Consolidated Airlines Group’s dividend payout ratio (DPR) is 1,190.48%.

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.