Air France-KLM (OTCMKTS:AFLYY) Sees Large Volume Increase – Here’s What Happened

Air France-KLM SA (OTCMKTS:AFLYY) saw an uptick in trading volume on Monday. Approximately 95,411 shares changed hands during mid-day trading, an increase of 5% from the average daily volume of 90,607 shares. The stock last traded at $1.17 and had previously closed at $1.12.

Analyst Upgrades and Downgrades

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

Air France-KLM Stock Up 0.8%

The firm has a 50 day moving average price of $1.22 and a 200-day moving average price of $1.26. 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 firm has a market cap of $3.10 billion, a PE ratio of 2.51 and a beta of 1.53.

About Air France-KLM

Air France-KLM is a global airline group formed in 2004 through the merger of Air France and KLM Royal Dutch Airlines. The group operates under the Air France and KLM brands, which retain their own identities, operating certificates and hubs. Air France is based primarily at Paris-Charles de Gaulle and Paris-Orly airports, while KLM is centered at Amsterdam Airport Schiphol.

The company provides scheduled passenger air transportation on short-, medium- and long-haul routes serving destinations across Europe, North America, Latin America, Asia, Africa and the Middle East.