Air France-KLM SA (OTCMKTS:AFLYY) Short Interest Up 39.3% in March

Air France-KLM SA (OTCMKTS:AFLYY) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 59,581 shares, an increase of 39.3% from the February 26th total of 42,775 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 510,870 shares, the days-to-cover ratio is presently 0.1 days.

Air France-KLM Stock Down 3.2%

OTCMKTS:AFLYY opened at $1.00 on Tuesday. The company has a market cap of $2.62 billion, a price-to-earnings ratio of 1.51, a price-to-earnings-growth ratio of 0.06 and a beta of 1.23. Air France-KLM has a twelve month low of $0.75 and a twelve month high of $1.76. The company has a current ratio of 0.62, a quick ratio of 0.56 and a debt-to-equity ratio of 5.39. The stock has a fifty day simple moving average of $1.24 and a 200-day simple moving average of $1.28.

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

Analyst Upgrades and Downgrades

AFLYY has been the subject of a number of analyst reports. Citigroup restated a “neutral” rating on shares of Air France-KLM in a research report on Friday, February 20th. Oddo Bhf raised shares of Air France-KLM from a “neutral” rating to an “outperform” rating in a research note on Friday, February 6th. Barclays upgraded shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a report on Monday, March 9th. Royal Bank Of Canada began coverage on shares of Air France-KLM in a research report on Tuesday, January 20th. They issued a “hold” rating on the stock. Finally, Zacks Research raised shares of Air France-KLM from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

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.