Air France-KLM (OTCMKTS:AFLYY) Trading Down 3.8% – Should You Sell?

Air France-KLM SA (OTCMKTS:AFLYY) fell 3.8% during trading on Tuesday . The stock traded as low as $0.9911 and last traded at $0.9911. 579 shares were traded during trading, a decline of 100% from the average session volume of 136,657 shares. The stock had previously closed at $1.03.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AFLYY. JPMorgan Chase & Co. raised Air France-KLM from a “neutral” rating to an “overweight” rating in a research report on Monday, December 1st. Oddo Bhf upgraded Air France-KLM from a “neutral” rating to an “outperform” rating in a research note on Friday, February 6th. Zacks Research raised Air France-KLM from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 19th. Citigroup reaffirmed a “neutral” rating on shares of Air France-KLM in a research report on Friday, February 20th. Finally, Royal Bank Of Canada assumed coverage on shares of Air France-KLM in a research note on Tuesday, January 20th. They set a “hold” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Air France-KLM presently has an average rating of “Moderate Buy”.

Air France-KLM Trading Up 0.3%

The stock has a 50-day moving average of $1.24 and a 200 day moving average of $1.28. The company has a quick ratio of 0.56, a current ratio of 0.62 and a debt-to-equity ratio of 5.39. The stock has a market cap of $2.63 billion, a PE ratio of 1.52, a price-to-earnings-growth ratio of 0.06 and a beta of 1.23.

Air France-KLM (OTCMKTS:AFLYY) last posted its quarterly earnings results on Thursday, February 19th. The transportation company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.19. Air France-KLM had a net margin of 5.00% and a return on equity of 100.70%. The company had revenue of $9.53 billion during the quarter, compared to analyst estimates of $9.43 billion. As a group, sell-side analysts anticipate that Air France-KLM SA will post 0.21 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.