Air France-KLM (OTCMKTS:AFLYY) Stock Jumps 11% – Should You Buy?

Shares of Air France-KLM SA (OTCMKTS:AFLYY) traded up 11% during mid-day trading on Monday. The company traded as high as $1.51 and last traded at $1.51. Approximately 42,332 shares traded hands during mid-day trading, a decline of 53% from the average daily volume of 90,401 shares. The stock had previously closed at $1.36.

Analysts Set New Price Targets

AFLYY has been the topic of several recent research reports. Kepler Capital Markets upgraded shares of Air France-KLM from a “reduce” rating to a “hold” rating in a research report on Tuesday, August 25th. Citigroup reaffirmed a “neutral” rating on shares of Air France-KLM in a report on Monday, August 3rd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Air France-KLM in a research note on Wednesday, August 5th. Three research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Air France-KLM has a consensus rating of “Hold”.

Air France-KLM Trading Up 4.5%

The company has a market cap of $3.95 billion, a price-to-earnings ratio of 2.69 and a beta of 1.53. The company’s fifty day moving average price is $1.22 and its two-hundred day moving average price is $1.26. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 4.83.

Air France-KLM Company Profile

Air France-KLM is an international airline group formed in 2004 through the merger of Air France and KLM. It operates passenger air services under the Air France and KLM brands, connecting Europe with destinations around the world.

The group also provides air cargo and aircraft maintenance and engineering services. Its airline portfolio includes Transavia, which focuses on leisure and low-cost travel, and it participates in the SkyTeam airline alliance.

Based in France and the Netherlands, Air France-KLM serves customers through a network of international, regional and domestic routes.