International Consolidated Airlines Group (OTCMKTS:ICAGY) Trading Down 0.8%

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) traded down 0.8% on Friday . The company traded as low as $4.30 and last traded at $4.33. 26,037 shares were traded during trading, a decline of 68% from the average session volume of 82,588 shares. The stock had previously closed at $4.37.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Morgan Stanley lowered International Consolidated Airlines Group from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, January 30th. Royal Bank of Canada upgraded International Consolidated Airlines Group from a “sector perform” rating to an “outperform” rating in a research report on Thursday, March 21st. Finally, JPMorgan Chase & Co. upgraded International Consolidated Airlines Group from an “underweight” rating to an “overweight” rating in a research report on Wednesday, March 6th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, International Consolidated Airlines Group currently has an average rating of “Hold” and a consensus price target of $213.33.

International Consolidated Airlines Group Trading Down 0.8 %

The stock has a market capitalization of $4.26 billion, a price-to-earnings ratio of 1.48, a PEG ratio of 0.93 and a beta of 2.25. The stock has a 50-day moving average price of $4.04 and a 200 day moving average price of $3.84.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last posted its quarterly earnings data on Sunday, February 25th. The transportation company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.43. International Consolidated Airlines Group had a return on equity of 380.77% and a net margin of 9.05%. The company had revenue of $7.78 billion for the quarter, compared to analysts’ expectations of $7.76 billion. Equities research analysts anticipate that International Consolidated Airlines Group S.A. will post 0.93 earnings per share for the current year.

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.