Air France-KLM (OTCMKTS:AFLYY) Shares Cross Below 50-Day Moving Average of $9.10

Shares of Air France-KLM Sponsored (OTCMKTS:AFLYY) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $9.10 and traded as low as $9.79. Air France-KLM shares last traded at $9.79, with a volume of 12,543 shares traded.

AFLYY has been the topic of several recent analyst reports. Citigroup cut BCE from a “buy” rating to a “neutral” rating in a report on Thursday, May 2nd. Zacks Investment Research upgraded HB Fuller from a “sell” rating to a “hold” rating in a research note on Wednesday, July 3rd. Sanford C. Bernstein set a €11.50 ($13.37) target price on E.On and gave the company a “buy” rating in a research note on Monday, May 13th. Deutsche Bank restated a “buy” rating and issued a GBX 430 ($5.62) target price on shares of in a research note on Friday, June 21st. Finally, Royal Bank of Canada restated an “outperform” rating on shares of in a research note on Friday, June 21st. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $12.50.

The company has a market capitalization of $4.16 billion, a P/E ratio of 9.24 and a beta of 0.99. The company has a debt-to-equity ratio of 4.88, a current ratio of 0.67 and a quick ratio of 0.62. The firm has a fifty day simple moving average of $9.12.

Air France-KLM (OTCMKTS:AFLYY) last released its earnings results on Friday, May 3rd. The transportation company reported ($0.87) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.67) by ($0.20). The company had revenue of $7.26 billion for the quarter. Air France-KLM had a return on equity of 12.80% and a net margin of 1.35%. Sell-side analysts forecast that Air France-KLM Sponsored will post 1.56 earnings per share for the current fiscal year.

Air France-KLM Company Profile (OTCMKTS:AFLYY)

Air France-KLM SA, together with its subsidiaries, provides passenger transportation services on scheduled flights. The company operates through Network, Maintenance, Transavia, and Other segments. It also offers cargo transportation and aeronautics maintenance services; and other air-transport-related services.

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