Air France-KLM (OTCMKTS:AFLYY) Reaches New 12-Month Low – Should You Sell?

Air France-KLM SA (OTCMKTS:AFLYY) shares reached a new 52-week low on Thursday . The company traded as low as $0.75 and last traded at $0.80, with a volume of 17396 shares trading hands. The stock had previously closed at $0.80.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. BNP Paribas raised Air France-KLM from an “underperform” rating to a “neutral” rating in a report on Thursday, September 19th. Morgan Stanley cut Air France-KLM from an “equal weight” rating to an “underweight” rating in a report on Tuesday, November 5th. Finally, Barclays raised Air France-KLM to a “hold” rating in a report on Monday, October 7th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Air France-KLM Stock Up 0.6 %

The firm has a market cap of $2.10 billion, a price-to-earnings ratio of 7.95 and a beta of 1.69. The stock’s 50 day moving average is $0.92 and its 200 day moving average is $0.94.

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.