Air France-KLM (OTCMKTS:AFLYY) Shares Down 7.4% – Time to Sell?

Shares of Air France-KLM SA (OTCMKTS:AFLYY) traded down 7.4% during trading on Tuesday . The company traded as low as $1.12 and last traded at $1.12. 217,939 shares traded hands during trading, an increase of 52% from the average session volume of 143,801 shares. The stock had previously closed at $1.21.

Wall Street Analysts Forecast Growth

A number of analysts have commented 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. Oddo Bhf raised shares of Air France-KLM from a “neutral” rating to an “outperform” rating in a report on Friday, February 6th. Zacks Research cut shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Citigroup reaffirmed a “neutral” rating on shares of Air France-KLM in a report on Friday, February 20th. Finally, Royal Bank Of Canada assumed coverage on shares of Air France-KLM in a report on Tuesday, January 20th. They set a “hold” rating for the company. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold”.

Air France-KLM Stock Down 4.7%

The company has a market cap of $2.85 billion, a PE ratio of 1.64, a P/E/G ratio of 0.17 and a beta of 1.36. The company’s 50 day moving average is $1.19 and its 200 day moving average is $1.24. The company has a current ratio of 0.62, a quick ratio of 0.56 and a debt-to-equity ratio of 5.39.

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 the consensus estimate of $0.04 by $0.19. The company had revenue of $9.53 billion for the quarter, compared to the consensus estimate of $9.43 billion. Air France-KLM had a net margin of 5.00% and a return on equity of 100.70%. As a group, analysts predict that Air France-KLM SA will post 0.46 earnings per share for the current fiscal 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.