Short Interest in Air France-KLM SA (OTCMKTS:AFLYY) Increases By 39.3%

Air France-KLM SA (OTCMKTS:AFLYY) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 59,581 shares, an increase of 39.3% from the February 26th total of 42,775 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 510,870 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Citigroup reissued a “neutral” rating on shares of Air France-KLM in a research report on Friday, February 20th. Zacks Research raised shares of Air France-KLM from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 19th. Barclays upgraded shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a report on Monday, March 9th. Royal Bank Of Canada started coverage on shares of Air France-KLM in a research report on Tuesday, January 20th. They set a “hold” rating on the stock. Finally, JPMorgan Chase & Co. upgraded shares of Air France-KLM from a “neutral” rating to an “overweight” rating in a report on Monday, December 1st. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Air France-KLM Stock Down 2.9%

Shares of OTCMKTS:AFLYY traded down $0.03 on Monday, reaching $1.00. The company had a trading volume of 4,620 shares, compared to its average volume of 133,999. The firm has a market capitalization of $2.63 billion, a PE ratio of 1.52, a PEG ratio of 0.06 and a beta of 1.23. The company has a current ratio of 0.62, a quick ratio of 0.56 and a debt-to-equity ratio of 5.39. Air France-KLM has a 52-week low of $0.75 and a 52-week high of $1.76. The firm’s 50 day simple moving average is $1.24 and its 200-day simple moving average is $1.28.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings data on Thursday, February 19th. The transportation company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.19. Air France-KLM had a return on equity of 100.70% and a net margin of 5.00%.The firm had revenue of $9.53 billion during the quarter, compared to analysts’ expectations of $9.43 billion. As a group, analysts expect that Air France-KLM will post 0.21 earnings per share for the current fiscal 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.