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

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

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Morgan Stanley cut Air France-KLM from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, November 5th. Barclays upgraded Air France-KLM to a “hold” rating in a research report on Monday, October 7th. Finally, BNP Paribas upgraded Air France-KLM from an “underperform” rating to a “neutral” rating in a research report on Thursday, September 19th. 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, the company presently has a consensus rating of “Hold”.

Air France-KLM Stock Performance

The stock has a market capitalization of $2.13 billion, a PE ratio of 8.12 and a beta of 1.69. The stock’s 50 day moving average is $0.92 and its two-hundred 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.