Air France-KLM (OTCMKTS:AFLYY) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Air France-KLM SA (OTCMKTS:AFLYY)’s share price passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $1.26 and traded as high as $1.41. Air France-KLM shares last traded at $1.36, with a volume of 153,068 shares changing hands.

Analyst Ratings Changes

AFLYY has been the subject of a number of recent research reports. Citigroup reaffirmed a “neutral” rating on shares of Air France-KLM in a report on Monday, August 3rd. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Air France-KLM in a research report on Wednesday, August 5th. Finally, Kepler Capital Markets raised shares of Air France-KLM from a “reduce” rating to a “hold” rating in a research note on Tuesday, August 25th. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Air France-KLM currently has an average rating of “Hold”.

Air France-KLM Price Performance

The company has a 50-day moving average of $1.22 and a 200 day moving average of $1.26. The company has a debt-to-equity ratio of 4.83, a quick ratio of 0.61 and a current ratio of 0.67. The firm has a market cap of $3.57 billion, a P/E ratio of 2.89 and a beta of 1.53.

About Air France-KLM

Air France-KLM is a global airline group formed in 2004 through the merger of Air France and KLM Royal Dutch Airlines. The group operates under the Air France and KLM brands, which retain their own identities, operating certificates and hubs. Air France is based primarily at Paris-Charles de Gaulle and Paris-Orly airports, while KLM is centered at Amsterdam Airport Schiphol.

The company provides scheduled passenger air transportation on short-, medium- and long-haul routes serving destinations across Europe, North America, Latin America, Asia, Africa and the Middle East.