Air France-KLM (OTCMKTS:AFLYY) Trading Down 4.4% – Should You Sell?

Air France-KLM SA (OTCMKTS:AFLYY)’s stock price dropped 4.4% on Wednesday . The stock traded as low as $1.21 and last traded at $1.21. Approximately 607 shares were traded during trading, a decline of 100% from the average daily volume of 131,330 shares. The stock had previously closed at $1.2656.

Analyst Upgrades and Downgrades

AFLYY has been the topic of several research analyst reports. Morgan Stanley raised shares of Air France-KLM from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, May 26th. Zacks Research downgraded shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Barclays raised shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a research report on Monday, March 9th. Finally, Citigroup reissued a “neutral” rating on shares of Air France-KLM in a research report on Friday, February 20th. Three research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Air France-KLM currently has a consensus rating of “Hold”.

Air France-KLM Price Performance

The firm’s fifty day moving average price is $1.17 and its 200 day moving average price is $1.22. The firm has a market capitalization of $3.26 billion, a PE ratio of 1.91, a P/E/G ratio of 0.25 and a beta of 1.40. 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 (OTCMKTS:AFLYY) last released its quarterly earnings data on Thursday, April 30th. The transportation company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.08). The business had revenue of $8.77 billion during the quarter, compared to analysts’ expectations of $8.77 billion. Air France-KLM had a net margin of 4.77% and a return on equity of 82.05%. As a group, equities analysts forecast that Air France-KLM SA will post 0.37 earnings per share for the current 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.