Air France-KLM (OTCMKTS:AFLYY) Cut to Strong Sell at Barclays

Barclays lowered shares of Air France-KLM (OTCMKTS:AFLYY - Free Report) from a hold rating to a strong sell rating in a report published on Wednesday morning,Zacks.com reports.

A number of other equities research analysts have also recently issued reports on AFLYY. BNP Paribas upgraded shares of Air France-KLM from an "underperform" rating to a "neutral" rating in a research report on Thursday, September 19th. Morgan Stanley lowered Air France-KLM from an "equal weight" rating to an "underweight" rating in a research report on Tuesday, November 5th. Finally, Citigroup cut Air France-KLM from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 8th. Two investment analysts have rated the stock with a sell rating and four have issued a hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold".

Air France-KLM Price Performance

Shares of AFLYY traded up $0.02 during mid-day trading on Wednesday, reaching $0.73. The company had a trading volume of 18,709 shares, compared to its average volume of 78,083. The company has a market capitalization of $1.93 billion, a P/E ratio of 1.88 and a beta of 1.62. Air France-KLM has a twelve month low of $0.70 and a twelve month high of $1.40. The company's 50-day moving average is $0.80 and its 200-day moving average is $0.86.

About Air France-KLM

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.