Air France-KLM (OTCMKTS:AFLYY) Shares Pass Above Two Hundred Day Moving Average of $1.52

Air France-KLM SA (OTCMKTS:AFLYY – Get Rating)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1.52 and traded as high as $2.00. Air France-KLM shares last traded at $1.94, with a volume of 34,590 shares.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on AFLYY shares. Morgan Stanley started coverage on shares of Air France-KLM in a report on Tuesday, January 10th. They set an “equal weight” rating on the stock. Stifel Nicolaus raised shares of Air France-KLM from a “sell” rating to a “hold” rating in a report on Monday, December 12th. HSBC raised shares of Air France-KLM from a “hold” rating to a “buy” rating in a report on Tuesday, November 22nd. JPMorgan Chase & Co. raised shares of Air France-KLM from a “neutral” rating to an “overweight” rating in a report on Wednesday, February 22nd. Finally, Societe Generale raised shares of Air France-KLM from a “sell” rating to a “hold” rating in a report on Friday, December 16th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $1.98.

Air France-KLM Stock Performance

The company has a market cap of $1.25 billion, a PE ratio of 9.24 and a beta of 1.67. The stock’s 50 day moving average price is $1.72 and its 200-day moving average price is $1.52.

Air France-KLM Company Profile

(Get Rating)

Air France-KLM SA provides passenger and cargo air transportation services. Its activities include cargo, aeronautics maintenance, and other air transport related activities, such as catering and charter services. The firm operates through the following segments: Network, Maintenance, Transavia, and Other.