Air France-KLM (OTCMKTS:AFLYY) Sees Unusually-High Trading Volume – Time to Buy?

Air France-KLM SA (OTCMKTS:AFLYY) saw unusually-strong trading volume on Tuesday . Approximately 125,265 shares changed hands during trading, a decline of 5% from the previous session’s volume of 131,574 shares.The stock last traded at $1.27 and had previously closed at $1.15.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on AFLYY shares. Citigroup reiterated a “neutral” rating on shares of Air France-KLM in a research report on Friday, February 20th. Morgan Stanley upgraded shares of Air France-KLM from an “equal weight” rating to an “overweight” rating in a research report on Tuesday. Zacks Research cut shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Oddo Bhf upgraded shares of Air France-KLM from a “neutral” rating to an “outperform” rating in a research report on Friday, February 6th. Finally, Barclays upgraded shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a research report on Monday, March 9th. Three investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Air France-KLM Price Performance

The company has a debt-to-equity ratio of 5.39, a current ratio of 0.62 and a quick ratio of 0.56. The firm’s 50 day moving average is $1.13 and its 200 day moving average is $1.20. The firm has a market cap of $3.52 billion, a P/E ratio of 2.06, a price-to-earnings-growth ratio of 0.25 and a beta of 1.31.

Air France-KLM (OTCMKTS:AFLYY) last posted its quarterly earnings data on Thursday, April 30th. The transportation company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.08). Air France-KLM had a return on equity of 82.05% and a net margin of 4.77%.The business had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $8.77 billion. As a group, analysts anticipate that Air France-KLM SA will post 0.37 earnings per share for the current 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.