Shares of International Consolidated Airlines Group S.A. (OTCMKTS:BABWF – Get Free Report) were up 2.6% on Wednesday . The company traded as high as $5.85 and last traded at $5.85. 2,085 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 6,459 shares. The stock had previously closed at $5.70.
International Consolidated Airlines Group Trading Up 2.6%
The firm’s 50 day simple moving average is $5.36 and its 200-day simple moving average is $5.41.
International Consolidated Airlines Group Company Profile
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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