Air France-KLM (OTCMKTS:AFLYY) Trading Down 4.4% – Should You Sell?

Air France-KLM SA (OTCMKTS:AFLYY)’s stock price fell 4.4% during trading on Wednesday . The stock traded as low as $1.21 and last traded at $1.21. 607 shares were traded during mid-day trading, a decline of 100% from the average session volume of 131,330 shares. The stock had previously closed at $1.2656.

Analyst Ratings Changes

Several research firms have recently commented on AFLYY. Barclays upgraded shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a report on Monday, March 9th. Zacks Research lowered shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Citigroup restated a “neutral” rating on shares of Air France-KLM in a report on Friday, February 20th. Finally, Morgan Stanley upgraded shares of Air France-KLM from an “equal weight” rating to an “overweight” rating in a report on Tuesday, May 26th. Three investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Air France-KLM Price Performance

The stock has a 50-day moving average price of $1.17 and a two-hundred day moving average price of $1.22. 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 market cap of $3.26 billion, a price-to-earnings ratio of 1.91, a PEG ratio of 0.25 and a beta of 1.40.

Air France-KLM (OTCMKTS:AFLYY) last announced its earnings results on Thursday, April 30th. The transportation company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.08). Air France-KLM had a net margin of 4.77% and a return on equity of 82.05%. The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $8.77 billion. As a group, equities research analysts forecast that Air France-KLM SA will post 0.37 EPS 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.