Air France-KLM (OTCMKTS:AFLYY) Share Price Crosses Above 200-Day Moving Average - Should You Sell?

Key Points

• Air France-KLM's stock recently surpassed its 200-day moving average of $1.13, trading as high as $1.58 before closing at $1.55, with a volume of 161,030 shares.
• Analysts show a mixed outlook, with Barclays upgrading the stock to "equal weight," while the overall consensus rating remains a "Hold."
• In its latest earnings report, Air France-KLM beat estimates with $0.25 earnings per share and reported revenues of $9.66 billion, exceeding the estimated $8.44 billion.

Shares of Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.13 and traded as high as $1.58. Air France-KLM shares last traded at $1.55, with a volume of 161,030 shares traded.

Analyst Ratings Changes

Several brokerages have weighed in on AFLYY. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Air France-KLM in a research note on Friday, July 4th. Barclays raised Air France-KLM from an "underweight" rating to an "equal weight" rating in a report on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold".

Air France-KLM Price Performance

The firm has a 50-day moving average of $1.49 and a 200 day moving average of $1.15. The company has a debt-to-equity ratio of 18.28, a current ratio of 0.61 and a quick ratio of 0.56. The company has a market capitalization of $3.92 billion, a PE ratio of 3.55, a PEG ratio of 0.13 and a beta of 1.94.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The transportation company reported $0.25 EPS for the quarter, topping the consensus estimate 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%. As a group, research analysts anticipate that Air France-KLM SA will post 0.21 earnings per share for the current fiscal year.

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.