Air France-KLM SA (OTCMKTS:AFLYY) Short Interest Update

Air France-KLM SA (OTCMKTS:AFLYY) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 90,100 shares, a decline of 49.0% from the August 31st total of 176,600 shares. Based on an average daily volume of 441,700 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 441,700 shares, the days-to-cover ratio is presently 0.2 days.

Air France-KLM Stock Up 2.0%

Shares of OTCMKTS AFLYY opened at $1.40 on Friday. The firm’s 50-day moving average price is $1.51 and its 200-day moving average price is $1.18. The company has a current ratio of 0.61, a quick ratio of 0.56 and a debt-to-equity ratio of 18.28. The stock has a market capitalization of $3.68 billion, a price-to-earnings ratio of 3.33, a P/E/G ratio of 0.12 and a beta of 1.85. Air France-KLM has a 12-month low of $0.70 and a 12-month high of $1.76.

Air France-KLM (OTCMKTS:AFLYY) last announced its earnings results on Thursday, July 31st. The transportation company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.07. The firm had revenue of $9.66 billion for the quarter, compared to analysts’ expectations of $8.44 billion. Air France-KLM had a net margin of 3.30% and a return on equity of 137.95%. On average, equities research analysts anticipate that Air France-KLM will post 0.21 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on AFLYY shares. Barclays upgraded shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a research note on Monday, August 4th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Air France-KLM in a research note on Friday, July 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Air France-KLM has a consensus rating of “Hold”.

About Air France-KLM

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.