International Consolidated Airlines Group (LON:IAG) Hits New 12-Month High – Should You Buy?

International Consolidated Airlines Group S.A. (LON:IAG) shares hit a new 52-week high on Monday . The company traded as high as GBX 215.40 ($2.81) and last traded at GBX 214.60 ($2.80), with a volume of 164997797 shares. The stock had previously closed at GBX 212.20 ($2.77).

International Consolidated Airlines Group Trading Up 1.3 %

The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 337.70. The stock has a market cap of £10.54 billion, a price-to-earnings ratio of 507.38, a P/E/G ratio of 0.21 and a beta of 2.31. The company has a fifty day simple moving average of GBX 191.17 and a 200-day simple moving average of GBX 178.34.

International Consolidated Airlines Group Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, September 9th. Investors of record on Thursday, September 5th were given a €0.03 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a dividend yield of 1.58%. 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.