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

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

Analysts Set New Price Targets

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

Air France-KLM Price Performance

The stock’s fifty day simple moving average is $0.92 and its 200-day simple moving average is $0.94. The stock has a market cap of $2.10 billion, a P/E ratio of 7.95 and a beta of 1.69.

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.