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

Air France-KLM SA (OTCMKTS:AFLYY) saw strong trading volume on Tuesday . 125,265 shares were traded during trading, a decline of 5% from the previous session’s volume of 131,574 shares.The stock last traded at $1.27 and had previously closed at $1.15.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on AFLYY shares. Morgan Stanley raised Air France-KLM from an “equal weight” rating to an “overweight” rating in a report on Tuesday. Zacks Research lowered shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Oddo Bhf raised shares of Air France-KLM from a “neutral” rating to an “outperform” rating in a research note on Friday, February 6th. Citigroup reaffirmed a “neutral” rating on shares of Air France-KLM in a report on Friday, February 20th. Finally, Barclays raised Air France-KLM from an “underweight” rating to an “equal weight” rating in a research note on Monday, March 9th. Three investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Air France-KLM Price Performance

The company has a current ratio of 0.62, a quick ratio of 0.56 and a debt-to-equity ratio of 5.39. The company has a market capitalization of $3.29 billion, a PE ratio of 1.92, a price-to-earnings-growth ratio of 0.23 and a beta of 1.31. The stock’s 50-day moving average is $1.12 and its two-hundred day moving average is $1.20.

Air France-KLM (OTCMKTS:AFLYY) last announced its earnings results on Thursday, April 30th. The transportation company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.08). Air France-KLM had a net margin of 4.77% and a return on equity of 82.05%. The business had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $8.77 billion. On average, equities analysts predict that Air France-KLM SA will post 0.37 EPS for the current 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.