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

Key Points

• Air France-KLM's share price recently surpassed its two hundred day moving average, trading at $1.40, indicating potential upward momentum.
• Analysts have mixed views on the stock, with one assigning a Strong Buy rating, while the consensus rating remains at "Hold".
• The company reported earnings of $0.25 per share, exceeding analysts' estimates, and had a revenue of $9.66 billion for the last quarter.

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.18 and traded as high as $1.40. Air France-KLM shares last traded at $1.40, with a volume of 101,934 shares.

Wall Street Analysts Forecast Growth

AFLYY has been the topic of a number of recent research reports. Barclays upgraded Air France-KLM from an "underweight" rating to an "equal weight" rating in a research note on Monday, August 4th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Air France-KLM in a research note on Friday, July 4th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold".

Air France-KLM Stock Performance

The stock has a fifty day simple moving average of $1.51 and a two-hundred day simple moving average of $1.18. The stock has a market cap of $3.68 billion, a price-to-earnings ratio of 3.33, a P/E/G ratio of 0.11 and a beta of 1.85. The company has a debt-to-equity ratio of 18.28, a quick ratio of 0.56 and a current ratio of 0.61.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last issued its earnings results on Thursday, July 31st. The transportation company reported $0.25 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.07. The firm had revenue of $9.66 billion for the quarter, compared to the consensus estimate of $8.44 billion. Air France-KLM had a return on equity of 137.95% and a net margin of 3.30%. Analysts expect 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.

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