Air France-KLM (OTCMKTS:AFLYY) Shares Gap Up – What’s Next?

Air France-KLM SA (OTCMKTS:AFLYY) shares gapped up prior to trading on Friday . The stock had previously closed at $1.25, but opened at $1.30. Air France-KLM shares last traded at $1.30, with a volume of 130 shares traded.

Analyst Ratings Changes

Several equities research analysts have recently commented on AFLYY shares. Morgan Stanley reiterated an “overweight” rating on shares of Air France-KLM in a research report on Wednesday, July 8th. Royal Bank Of Canada restated a “sector perform” rating on shares of Air France-KLM in a report on Wednesday, August 5th. Citigroup reaffirmed a “neutral” rating on shares of Air France-KLM in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Air France-KLM in a report on Monday, June 22nd. Finally, Kepler Capital Markets raised Air France-KLM from a “reduce” rating to a “hold” rating in a report on Tuesday, August 25th. Three research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Air France-KLM presently has an average rating of “Hold”.

Air France-KLM Trading Up 0.8%

The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 4.83. The company has a market cap of $3.34 billion, a P/E ratio of 2.70 and a beta of 1.39. The firm has a 50-day moving average of $1.34 and a 200 day moving average of $1.26.

Air France-KLM (OTCMKTS:AFLYY) last released its quarterly earnings data on Thursday, July 30th. The transportation company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. Air France-KLM had a net margin of 3.35% and a return on equity of 44.05%. The company had revenue of $10.67 billion for the quarter, compared to analysts’ expectations of $10.51 billion. On average, analysts predict that Air France-KLM SA will post 0.44 earnings per share for the current fiscal year.

Air France-KLM Company Profile

Air France-KLM is a European airline group formed in 2004 through the merger of Air France and KLM Royal Dutch Airlines. The group operates passenger and cargo air transportation through its principal airline brands, Air France and KLM, along with low-cost carrier Transavia. Its airlines serve domestic, European and long-haul international routes linking Europe with destinations across North America, Latin America, Asia, Africa and the Middle East.

Air France is based in France and operates major hubs at Paris-Charles de Gaulle and Paris-Orly airports, while KLM is headquartered in the Netherlands and uses Amsterdam Airport Schiphol as its primary hub.