Air France-KLM (OTCMKTS:AFLYY) Shares Gap Down – Should You Sell?

Air France-KLM SA (OTCMKTS:AFLYY)’s share price gapped down prior to trading on Monday . The stock had previously closed at $1.3857, but opened at $1.3270. Air France-KLM shares last traded at $1.32, with a volume of 1,631 shares.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Citigroup restated a “neutral” rating on shares of Air France-KLM in a research note on Thursday, December 11th. Morgan Stanley started coverage on shares of Air France-KLM in a research note on Wednesday, October 15th. They set an “equal weight” rating for the company. Finally, JPMorgan Chase & Co. upgraded shares of Air France-KLM from a “neutral” rating to an “overweight” rating in a research note on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold”.

Air France-KLM Stock Down 3.4%

The business has a 50 day moving average of $1.22 and a two-hundred day moving average of $1.34. The company has a debt-to-equity ratio of 5.64, a quick ratio of 0.60 and a current ratio of 0.65. The stock has a market capitalization of $3.52 billion, a PE ratio of 3.35, a PEG ratio of 0.09 and a beta of 1.28.

Air France-KLM (OTCMKTS:AFLYY) last released 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). Air France-KLM had a net margin of 3.21% and a return on equity of 82.86%. The firm had revenue of $10.63 billion for the quarter, compared to analysts’ expectations of $10.92 billion. Analysts predict that Air France-KLM SA will post 0.21 EPS 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.