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Air France-KLM (OTCMKTS:AFLYY) Stock Price Passes Above 200 Day Moving Average - Time to Sell?


Air France-KLM (OTCMKTS:AFLYY) Stock Price Passes Above 200 Day Moving Average   - Time to Sell?

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.97 and traded as high as $1.01. Air France-KLM shares last traded at $1.01, with a volume of 7,773 shares.

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

Check Out Our Latest Stock Analysis on AFLYY

The company's 50-day simple moving average is $0.91 and its 200 day simple moving average is $0.97. The stock has a market cap of $649.06 million, a P/E ratio of 2.59 and a beta of 1.69.

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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