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Air France-KLM (OTCMKTS:AFLYY) Stock Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

Air France-KLM logo with Transportation background
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Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-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 trading hands.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on AFLYY shares. Citigroup cut Air France-KLM from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 8th. Barclays downgraded shares of Air France-KLM from a "hold" rating to a "strong sell" rating in a report on Wednesday, January 15th. Finally, Morgan Stanley reissued an "underweight" rating on shares of Air France-KLM in a report on Friday, March 7th. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold".

Read Our Latest Stock Report on Air France-KLM

Air France-KLM Price Performance

The company has a market capitalization of $2.76 billion, a PE ratio of 2.69 and a beta of 1.58. The stock has a 50-day simple moving average of $0.85 and a 200 day simple moving average of $0.87.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last released its quarterly earnings data on Thursday, March 6th. The transportation company reported ($0.03) 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 analysts' expectations of $7.71 billion. Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%. As a group, research analysts predict that Air France-KLM SA will post 0.21 EPS for the current fiscal year.

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Air France-KLM Company Profile

(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.

Further Reading

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