Air France-KLM (OTCMKTS:AFLYY) Stock Price Crosses Above 200-Day Moving Average - Here's What Happened

Shares of Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) passed 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 changing hands.

Wall Street Analyst Weigh In

Several analysts recently commented on AFLYY shares. Redburn Atlantic upgraded shares of Air France-KLM from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 25th. Barclays downgraded shares of Air France-KLM from a "hold" rating to a "strong sell" rating in a research report on Wednesday, January 15th. UBS Group cut shares of Air France-KLM from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Finally, Morgan Stanley reissued an "underweight" rating on shares of Air France-KLM in a research note on Friday, March 7th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold".

Air France-KLM Trading Up 1.1%

The company has a market capitalization of $2.34 billion, a price-to-earnings ratio of 2.28 and a beta of 1.74. The firm's 50 day simple moving average is $0.91 and its 200-day simple moving average is $0.86.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The transportation company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.05. Air France-KLM had a net margin of 2.47% and a negative return on equity of 53.38%. The company had revenue of $7.54 billion for the quarter, compared to analysts' expectations of $7.39 billion. As a group, sell-side analysts forecast that Air France-KLM SA will post 0.21 EPS for the current fiscal year.

Air France-KLM Company Profile

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.