Air France-KLM (OTCMKTS:AFLYY) Stock Price Up 6% – Should You Buy?

Air France-KLM SA (OTCMKTS:AFLYY) was up 6% during mid-day trading on Monday . The stock traded as high as $1.23 and last traded at $1.23. Approximately 2,637 shares traded hands during trading, a decline of 98% from the average daily volume of 144,093 shares. The stock had previously closed at $1.16.

Analyst Ratings Changes

Several research firms recently commented on AFLYY. Citigroup reiterated a “neutral” rating on shares of Air France-KLM in a research report on Friday, February 20th. Royal Bank Of Canada initiated coverage on Air France-KLM in a research report on Tuesday, January 20th. They set a “hold” rating on the stock. Zacks Research cut Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Barclays raised Air France-KLM from an “underweight” rating to an “equal weight” rating in a research report on Monday, March 9th. Finally, Oddo Bhf upgraded Air France-KLM from a “neutral” rating to an “outperform” rating in a report on Friday, February 6th. Two investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Air France-KLM Price Performance

The firm has a market capitalization of $3.18 billion, a P/E ratio of 1.83, a P/E/G ratio of 0.18 and a beta of 1.36. The stock’s 50 day simple moving average is $1.21 and its 200 day simple moving average is $1.24. The company has a debt-to-equity ratio of 5.39, a quick ratio of 0.56 and a current ratio of 0.62.

Air France-KLM (OTCMKTS:AFLYY) last announced its quarterly earnings results on Thursday, February 19th. The transportation company reported $0.23 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $9.43 billion. As a group, analysts expect that Air France-KLM SA will post 0.21 earnings per share for the current fiscal year.

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.