Air France-KLM (OTCMKTS:AFLYY) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

Air France-KLM SA (OTCMKTS:AFLYY)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.88 and traded as high as $1.01. Air France-KLM shares last traded at $0.98, with a volume of 1,840 shares.

Wall Street Analyst Weigh In

AFLYY has been the topic of several research reports. Morgan Stanley restated an “underweight” rating on shares of Air France-KLM in a report on Friday, March 7th. Citigroup lowered Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Finally, Barclays lowered shares of Air France-KLM from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 15th. Two analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.

Air France-KLM Price Performance

The company has a market cap of $2.56 billion, a PE ratio of 2.50 and a beta of 1.58. The business has a fifty day simple moving average of $0.88 and a two-hundred day simple moving average of $0.88.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings data on Thursday, March 6th. The transportation company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05). Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%. The company had revenue of $8.40 billion for the quarter, compared to analysts’ expectations of $7.71 billion. On average, equities research analysts predict that Air France-KLM SA will post 0.21 EPS for the current 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.