Air France-KLM (OTCMKTS:AFLYY) Sets New 1-Year Low – Time to Sell?

Air France-KLM SA (OTCMKTS:AFLYY) shares reached a new 52-week low during trading on Thursday . The stock traded as low as $0.75 and last traded at $0.80, with a volume of 17396 shares changing hands. The stock had previously closed at $0.80.

Analyst Ratings Changes

AFLYY has been the subject of several research reports. BNP Paribas raised shares of Air France-KLM from an “underperform” rating to a “neutral” rating in a report on Thursday, September 19th. Barclays raised shares of Air France-KLM to a “hold” rating in a report on Monday, October 7th. Finally, Morgan Stanley downgraded shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Air France-KLM Stock Performance

The company has a market capitalization of $2.13 billion, a price-to-earnings ratio of 8.12 and a beta of 1.69. The business’s 50 day moving average is $0.92 and its 200 day moving average is $0.94.

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.