Air France-KLM (OTCMKTS:AFLYY) Sees Large Volume Increase – Here’s Why

Air France-KLM SA (OTCMKTS:AFLYY) saw unusually-strong trading volume on Monday . Approximately 173,782 shares traded hands during trading, an increase of 35% from the previous session’s volume of 128,262 shares.The stock last traded at $1.40 and had previously closed at $1.33.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Citigroup reiterated a “neutral” rating on shares of Air France-KLM in a research note on Friday, February 20th. Zacks Research downgraded shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Morgan Stanley upgraded shares of Air France-KLM from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, May 26th. Finally, Barclays upgraded shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a research note on Monday, March 9th. Three research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Air France-KLM presently has a consensus rating of “Hold”.

Air France-KLM Trading Down 4.6%

The firm’s 50 day moving average is $1.19 and its 200 day moving average is $1.23. The company has a market cap of $3.39 billion, a PE ratio of 1.98, a PEG ratio of 0.27 and a beta of 1.39. The company has a debt-to-equity ratio of 5.39, a current ratio of 0.62 and a quick ratio of 0.56.

Air France-KLM (OTCMKTS:AFLYY) last issued 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). The firm had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $8.77 billion. Air France-KLM had a net margin of 4.77% and a return on equity of 82.05%. On average, equities analysts anticipate that Air France-KLM SA will post 0.37 earnings per share for the current year.

About Air France-KLM

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.