Air France-KLM (OTCMKTS:AFLYY) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Air France-KLM SA (OTCMKTS:AFLYYGet Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.86 and traded as high as $0.93. Air France-KLM shares last traded at $0.89, with a volume of 37,184 shares.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Barclays lowered Air France-KLM from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 15th. Morgan Stanley reiterated an “underweight” rating on shares of Air France-KLM in a report on Friday, March 7th. Citigroup cut Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Redburn Atlantic upgraded shares of Air France-KLM from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 25th. Finally, UBS Group downgraded shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 25th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

View Our Latest Research Report on Air France-KLM

Air France-KLM Stock Performance

The company has a market capitalization of $2.34 billion, a PE ratio of 2.28 and a beta of 1.50. The firm has a fifty day simple moving average of $0.91 and a 200-day simple moving average of $0.86.

Air France-KLM (OTCMKTS:AFLYYGet Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The transportation company reported ($0.12) EPS for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.05. The firm had revenue of $7.54 billion for the quarter, compared to the consensus estimate of $7.39 billion. Air France-KLM had a net margin of 2.47% and a negative return on equity of 53.38%. As a group, research analysts anticipate that Air France-KLM SA will post 0.21 EPS for the current fiscal year.

About Air France-KLM

(Get Free Report)

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.

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