Air France-KLM (OTCMKTS:AFLYY) Shares Gap Up – Should You Buy?

Air France-KLM SA (OTCMKTS:AFLYY) gapped up prior to trading on Wednesday . The stock had previously closed at $1.0250, but opened at $1.0725. Air France-KLM shares last traded at $1.05, with a volume of 18,969 shares.

Analyst Upgrades and Downgrades

A number of research firms recently commented on AFLYY. Barclays raised Air France-KLM from an “underweight” rating to an “equal weight” rating in a research note on Monday, August 4th. Morgan Stanley began coverage on shares of Air France-KLM in a report on Wednesday, October 15th. They issued an “equal weight” rating on the stock. Finally, Citigroup reaffirmed a “neutral” rating on shares of Air France-KLM in a research note on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Air France-KLM Price Performance

The company has a 50-day moving average of $1.34 and a two-hundred day moving average of $1.28. The company has a debt-to-equity ratio of 8.69, a current ratio of 0.60 and a quick ratio of 0.55. The stock has a market capitalization of $2.77 billion, a PE ratio of 2.51, a P/E/G ratio of 0.12 and a beta of 1.85.

Air France-KLM (OTCMKTS:AFLYY) last posted its quarterly earnings results on Thursday, November 6th. The transportation company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.09). The business had revenue of $10.63 billion during the quarter, compared to analysts’ expectations of $10.92 billion. Air France-KLM had a net margin of 3.30% and a return on equity of 116.09%. Sell-side analysts predict that Air France-KLM SA will post 0.21 EPS for the current fiscal year.

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.