Air France-KLM (OTCMKTS:AFLYY) Share Price Passes Above 200 Day Moving Average – Here’s Why

Air France-KLM SA (OTCMKTS:AFLYY) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.98 and traded as high as $1.00. Air France-KLM shares last traded at $0.99, with a volume of 147,207 shares changing hands.

Analyst Ratings Changes

AFLYY has been the topic of several analyst reports. Barclays upgraded shares of Air France-KLM to a “hold” rating in a report on Monday, October 7th. BNP Paribas raised Air France-KLM from an “underperform” rating to a “neutral” rating in a research note on Thursday, September 19th. Hsbc Global Res raised Air France-KLM to a “hold” rating in a research report on Friday, July 12th. Finally, HSBC lowered Air France-KLM from a “buy” rating to a “hold” rating in a research report on Friday, July 12th.

Air France-KLM Stock Performance

The stock’s 50 day moving average is $0.89 and its two-hundred day moving average is $0.98. The stock has a market capitalization of $637.30 million, a price-to-earnings ratio of 2.54 and a beta of 1.69.

Air France-KLM (OTCMKTS:AFLYY) last announced its earnings results on Thursday, July 25th. The transportation company reported $0.04 earnings per share (EPS) for the quarter. Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%. The business had revenue of $8.56 billion for the quarter. On average, research analysts anticipate that Air France-KLM SA will post 0.21 earnings per share for the current 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.