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

International Consolidated Airlines Group S.A. (LON:IAG)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as GBX 217.20 ($2.82) and last traded at GBX 216.40 ($2.81), with a volume of 97427023 shares. The stock had previously closed at GBX 212.54 ($2.76).

International Consolidated Airlines Group Trading Up 1.8 %

The stock has a 50 day moving average of GBX 195.77 and a 200 day moving average of GBX 179.69. The company has a debt-to-equity ratio of 337.70, a current ratio of 0.70 and a quick ratio of 0.63. The firm has a market cap of £10.60 billion, a P/E ratio of 503.57, a PEG ratio of 0.21 and a beta of 2.31.

International Consolidated Airlines Group Cuts Dividend

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