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

Shares of Air France-KLM SA (OTCMKTS:AFLYY) traded down 7.2% on Wednesday . The stock traded as low as $1.42 and last traded at $1.42. 91,569 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 122,773 shares. The stock had previously closed at $1.53.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Zacks Research cut shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Air France-KLM in a research note on Monday, June 22nd. Finally, Morgan Stanley restated an “overweight” rating on shares of Air France-KLM in a research report on Wednesday. Three investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Air France-KLM presently has an average rating of “Hold”.

Air France-KLM Trading Up 0.5%

The firm has a market cap of $3.87 billion, a price-to-earnings ratio of 2.26, a PEG ratio of 0.28 and a beta of 1.39. The company has a debt-to-equity ratio of 5.39, a quick ratio of 0.56 and a current ratio of 0.62. The business has a fifty day moving average of $1.30 and a two-hundred day moving average of $1.25.

Air France-KLM (OTCMKTS:AFLYY) last posted its earnings results on Thursday, April 30th. The transportation company reported ($0.13) earnings per share 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 firm had revenue of $8.77 billion during the quarter, compared to analyst estimates of $8.77 billion. As a group, equities analysts expect that Air France-KLM SA will post 0.37 earnings per share for the current fiscal 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.