Air France-KLM SA (OTCMKTS:AFLYY) Short Interest Up 1,733.7% in January

Air France-KLM SA (OTCMKTS:AFLYY) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 37,371 shares, an increase of 1,733.7% from the December 31st total of 2,038 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 92,480 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 92,480 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are sold short.

Air France-KLM Stock Performance

Shares of OTCMKTS AFLYY remained flat at $1.20 during trading on Tuesday. The stock had a trading volume of 57,461 shares, compared to its average volume of 40,173. Air France-KLM has a 1 year low of $0.75 and a 1 year high of $1.76. The company has a quick ratio of 0.60, a current ratio of 0.65 and a debt-to-equity ratio of 5.64. The company has a market capitalization of $3.15 billion, a price-to-earnings ratio of 3.00, a P/E/G ratio of 0.08 and a beta of 1.28. The company has a 50 day simple moving average of $1.25 and a 200 day simple moving average of $1.35.

Air France-KLM (OTCMKTS:AFLYY) last announced its quarterly earnings data on Thursday, November 6th. The transportation company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $10.63 billion for the quarter, compared to the consensus estimate of $10.92 billion. As a group, analysts predict that Air France-KLM will post 0.21 EPS for the current year.

Analyst Ratings Changes

Several analysts recently commented on the company. Morgan Stanley initiated coverage on Air France-KLM in a report on Wednesday, October 15th. They issued an “equal weight” rating for the company. JPMorgan Chase & Co. raised Air France-KLM from a “neutral” rating to an “overweight” rating in a research report on Monday, December 1st. Barclays downgraded Air France-KLM from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, January 14th. Royal Bank Of Canada initiated coverage on shares of Air France-KLM in a research note on Tuesday, January 20th. They issued a “hold” rating on the stock. Finally, Citigroup restated a “neutral” rating on shares of Air France-KLM in a research report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

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.