Air France-KLM (OTCMKTS:AFLYY) Sees Strong Trading Volume – Should You Buy?

Air France-KLM SA (OTCMKTS:AFLYY) shares saw an uptick in trading volume on Monday . 92,450 shares traded hands during trading, an increase of 18% from the previous session’s volume of 78,444 shares.The stock last traded at $1.30 and had previously closed at $1.32.

Analyst Ratings Changes

A number of research firms recently weighed in on AFLYY. UBS Group downgraded Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 25th. Redburn Atlantic raised Air France-KLM from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 25th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Air France-KLM in a research report on Friday, July 4th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Air France-KLM Price Performance

The firm’s 50-day simple moving average is $1.04 and its 200 day simple moving average is $0.92. The company has a market cap of $3.47 billion, a P/E ratio of 6.29, a PEG ratio of 0.14 and a beta of 1.85. The company has a debt-to-equity ratio of 18.28, a quick ratio of 0.56 and a current ratio of 0.61.

Air France-KLM (OTCMKTS:AFLYY) last released its quarterly earnings data on Wednesday, April 30th. The transportation company reported ($0.12) EPS for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.05. The business had revenue of $7.54 billion during the quarter, compared to analysts’ expectations of $7.39 billion. Air France-KLM had a net margin of 1.79% and a return on equity of 84.54%. On average, research analysts forecast that Air France-KLM SA will post 0.21 earnings per share 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.