Air France-KLM (OTCMKTS:AFLYY) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Shares of Air France-KLM SA (OTCMKTS:AFLYY) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.97 and traded as high as $1.01. Air France-KLM shares last traded at $1.01, with a volume of 7,773 shares traded.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on AFLYY. BNP Paribas upgraded shares of Air France-KLM from an “underperform” rating to a “neutral” rating in a report on Thursday, September 19th. HSBC cut shares of Air France-KLM from a “buy” rating to a “hold” rating in a research note on Friday, July 12th. Barclays upgraded shares of Air France-KLM to a “hold” rating in a research note on Monday, October 7th. Finally, Hsbc Global Res upgraded shares of Air France-KLM to a “hold” rating in a research note on Friday, July 12th.

Air France-KLM Stock Performance

The stock has a market capitalization of $649.06 million, a P/E ratio of 2.59 and a beta of 1.69. The company’s 50-day moving average price is $0.91 and its 200 day moving average price is $0.97.

Air France-KLM (OTCMKTS:AFLYY) last announced its quarterly earnings results on Thursday, July 25th. The transportation company reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $8.56 billion for the quarter. Air France-KLM had a net margin of 2.47% and a negative return on equity of 53.38%. Analysts predict that Air France-KLM SA will post 0.21 earnings per share for the current year.

Air France-KLM Company Profile

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.