Air France-KLM (OTCMKTS:AFLYY) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Air France-KLM SA (OTCMKTS:AFLYY)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.85 and traded as high as $0.89. Air France-KLM shares last traded at $0.85, with a volume of 6,734 shares traded.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on AFLYY shares. Barclays lowered Air France-KLM from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 15th. Morgan Stanley lowered Air France-KLM from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, November 5th. Finally, Citigroup lowered Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Two analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Air France-KLM Stock Down 1.3 %

The stock has a market cap of $2.24 billion, a PE ratio of 2.19 and a beta of 1.61. The stock has a 50-day moving average of $0.80 and a 200 day moving average of $0.85.

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.