International Consolidated Airlines Group S.A. (OTCMKTS:BABWF – Get Free Report) shares rose 1.9% on Tuesday . The company traded as high as $5.45 and last traded at $5.45. Approximately 52,636 shares changed hands during trading, an increase of 682% from the average daily volume of 6,732 shares. The stock had previously closed at $5.35.
International Consolidated Airlines Group Price Performance
The business’s fifty day simple moving average is $5.15 and its 200 day simple moving average is $5.37.
About International Consolidated Airlines Group
International Consolidated Airlines Group (OTCMKTS:BABWF), commonly known as IAG, is a London‐based multinational airline holding company formed in January 2011 through the merger of British Airways and Iberia. The group provides passenger air transport services across short-haul and long-haul routes, operates cargo divisions, and offers aircraft maintenance, repair and overhaul (MRO) services. IAG additionally manages loyalty and financial services programs, including its Avios frequent flyer currency, to complement its core aviation activities.
IAG’s airline portfolio comprises British Airways, Iberia, Aer Lingus, Vueling and Level, with a pending acquisition of Air Europa to further strengthen its presence in key markets.
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