Air France-KLM (OTCMKTS:AFLYY) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Air France-KLM SA (OTCMKTS:AFLYY)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.22 and traded as high as $1.41. Air France-KLM shares last traded at $1.39, with a volume of 109,301 shares traded.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Barclays raised Air France-KLM from an “underweight” rating to an “equal weight” rating in a report on Monday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Air France-KLM in a report on Friday, July 4th. Finally, Morgan Stanley initiated coverage on Air France-KLM in a research report on Wednesday, October 15th. They issued an “equal weight” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold”.

Air France-KLM Stock Down 1.4%

The company has a quick ratio of 0.55, a current ratio of 0.60 and a debt-to-equity ratio of 8.69. The company has a market cap of $3.65 billion, a PE ratio of 3.31, a P/E/G ratio of 0.13 and a beta of 1.85. The stock has a 50-day moving average of $1.51 and a 200-day moving average of $1.22.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings data on Thursday, July 31st. The transportation company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.07. Air France-KLM had a return on equity of 116.09% and a net margin of 3.30%.The company had revenue of $9.66 billion for the quarter, compared to the consensus estimate of $8.44 billion. Sell-side analysts predict that Air France-KLM SA will post 0.21 earnings per share for the current fiscal 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.