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

Air France-KLM SA (OTCMKTS:AFLYY) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.98 and traded as high as $1.00. Air France-KLM shares last traded at $0.99, with a volume of 147,207 shares changing hands.

Analyst Ratings Changes

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

Air France-KLM Price Performance

The firm has a market capitalization of $636.27 million, a P/E ratio of 2.54 and a beta of 1.69. The stock’s 50-day simple moving average is $0.89 and its two-hundred day simple moving average is $0.98.

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

About Air France-KLM

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.