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Air France-KLM (OTCMKTS:AFLYY) Shares Pass Above 200-Day Moving Average - Time to Sell?

Air France-KLM logo with Transportation background

Shares of Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.85 and traded as high as $0.89. Air France-KLM shares last traded at $0.85, with a volume of 6,734 shares trading hands.

Analysts Set New Price Targets

Several brokerages recently weighed in on AFLYY. Morgan Stanley downgraded shares of Air France-KLM from an "equal weight" rating to an "underweight" rating in a research note on Tuesday, November 5th. Barclays downgraded shares of Air France-KLM from a "hold" rating to a "strong sell" rating in a research note on Wednesday, January 15th. Finally, Citigroup downgraded shares of Air France-KLM from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold".

Read Our Latest Research Report on Air France-KLM

Air France-KLM Stock Performance

The company has a market cap of $2.21 billion, a PE ratio of 2.15 and a beta of 1.61. The firm has a fifty day simple moving average of $0.80 and a 200 day simple moving average of $0.85.

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.

Further Reading

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