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

Air France-KLM SA (OTCMKTS:AFLYY) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.87 and traded as high as $1.05. Air France-KLM shares last traded at $1.03, with a volume of 20,448 shares changing hands.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AFLYY. Citigroup cut Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Barclays cut Air France-KLM from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 15th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Air France-KLM in a research report on Friday, March 7th. Two analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. According to MarketBeat.com, Air France-KLM presently has a consensus rating of “Hold”.

Air France-KLM Stock Performance

The firm has a market cap of $2.71 billion, a P/E ratio of 2.64 and a beta of 1.58. The stock’s 50-day moving average is $0.84 and its 200 day moving average is $0.87.

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