Air France-KLM (OTCMKTS:AFLYY) Shares Down 4.8% – Time to Sell?

Air France-KLM SA (OTCMKTS:AFLYY) dropped 4.8% during trading on Friday . The stock traded as low as $1.28 and last traded at $1.2934. Approximately 10,236 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 40,180 shares. The stock had previously closed at $1.3580.

Analyst Upgrades and Downgrades

AFLYY has been the subject of several research reports. Morgan Stanley started coverage on shares of Air France-KLM in a research note on Wednesday, October 15th. They set an “equal weight” rating for the company. Citigroup reaffirmed a “neutral” rating on shares of Air France-KLM in a research report on Thursday, December 11th. Finally, JPMorgan Chase & Co. raised Air France-KLM from a “neutral” rating to an “overweight” rating in a research report on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Air France-KLM Trading Down 4.1%

The business’s 50-day simple moving average is $1.23 and its two-hundred day simple moving average is $1.34. The company has a current ratio of 0.65, a quick ratio of 0.60 and a debt-to-equity ratio of 5.64. The company has a market capitalization of $3.36 billion, a PE ratio of 3.20, a PEG ratio of 0.09 and a beta of 1.28.

Air France-KLM (OTCMKTS:AFLYY) last released its quarterly earnings results on Thursday, November 6th. The transportation company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.09). The business had revenue of $10.63 billion during the quarter, compared to analyst estimates of $10.92 billion. Air France-KLM had a return on equity of 82.86% and a net margin of 3.21%. On average, analysts predict that Air France-KLM SA will post 0.21 earnings per share for the current year.

Air France-KLM Company Profile

Air France-KLM is a leading European airline group formed in 2004 through the merger of France’s flagship carrier Air France and the Netherlands’ national airline KLM Royal Dutch Airlines. Headquartered in Paris and Amstelveen, the group provides passenger, cargo and maintenance services across a global network, connecting major hubs in Europe, North America, Asia, Africa and Latin America.

The company’s primary business activities include scheduled passenger transport on short, medium and long-haul routes; air freight operations under Air France-KLM Cargo; and technical support and maintenance services through AFI KLM E&M.