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

Air France-KLM SA (OTCMKTS:AFLYY) crossed above its 200-day moving average during trading on Friday . The stock has a 200-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 changing hands.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Barclays raised Air France-KLM from an “underweight” rating to an “equal weight” rating in a report on Monday, August 4th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Air France-KLM in a report on Friday, July 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Air France-KLM has a consensus rating of “Hold”.

Air France-KLM Stock Performance

The firm has a market capitalization of $3.68 billion, a P/E ratio of 3.33, a price-to-earnings-growth ratio of 0.11 and a beta of 1.85. The company has a current ratio of 0.61, a quick ratio of 0.56 and a debt-to-equity ratio of 18.28. The company has a 50-day moving average of $1.51 and a 200-day moving average of $1.18.

Air France-KLM (OTCMKTS:AFLYY) last announced its earnings results on Thursday, July 31st. The transportation company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.07. The business had revenue of $9.66 billion during the quarter, compared to analyst estimates of $8.44 billion. Air France-KLM had a return on equity of 137.95% and a net margin of 3.30%. On average, equities 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.