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

Shares of Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) crossed 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 $1.12. Air France-KLM shares last traded at $1.12, with a volume of 78,186 shares changing hands.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. UBS Group cut shares of Air France-KLM from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Redburn Atlantic upgraded shares of Air France-KLM from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 25th. Finally, Morgan Stanley reaffirmed an "underweight" rating on shares of Air France-KLM in a research report on Friday, March 7th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a strong buy rating to the stock. According to MarketBeat, Air France-KLM presently has an average rating of "Hold".

Air France-KLM Stock Up 2.3%

The company has a market cap of $2.96 billion, a price-to-earnings ratio of 2.88 and a beta of 1.74. The stock's 50-day simple moving average is $0.89 and its 200 day simple moving average is $0.86.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The transportation company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 business had revenue of $7.54 billion for the quarter, compared to the consensus estimate of $7.39 billion. On average, sell-side analysts expect that Air France-KLM SA will post 0.21 EPS 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.