Air France-KLM (OTCMKTS:AFLYY) Shares Down 7.2% – Time to Sell?

Shares of Air France-KLM SA (OTCMKTS:AFLYY) traded down 7.2% on Tuesday . The company traded as low as $1.01 and last traded at $1.03. 135,131 shares changed hands during trading, a decline of 1% from the average session volume of 136,346 shares. The stock had previously closed at $1.11.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Barclays raised shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a report on Monday, March 9th. Zacks Research raised Air France-KLM from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 19th. Royal Bank Of Canada initiated coverage on Air France-KLM in a research note on Tuesday, January 20th. They issued a “hold” rating for the company. Oddo Bhf raised Air France-KLM from a “neutral” rating to an “outperform” rating in a research note on Friday, February 6th. Finally, JPMorgan Chase & Co. upgraded Air France-KLM from a “neutral” rating to an “overweight” rating in a research note on Monday, December 1st. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Air France-KLM currently has a consensus rating of “Moderate Buy”.

Air France-KLM Trading Down 4.5%

The company has a quick ratio of 0.56, a current ratio of 0.62 and a debt-to-equity ratio of 5.39. The stock’s 50 day moving average is $1.26 and its 200-day moving average is $1.29. The company has a market cap of $2.79 billion, a PE ratio of 1.61, a P/E/G ratio of 0.06 and a beta of 1.23.

Air France-KLM (OTCMKTS:AFLYY) last posted its earnings results on Thursday, February 19th. The transportation company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.19. Air France-KLM had a net margin of 5.00% and a return on equity of 100.70%. The firm had revenue of $9.53 billion for the quarter, compared to the consensus estimate of $9.43 billion. As a group, sell-side analysts anticipate that Air France-KLM SA will post 0.21 EPS for the current year.

About Air France-KLM

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.