Air France-KLM (OTCMKTS:AFLYY) Sets New 12-Month Low at $2.74

Shares of Air France-KLM SA (OTCMKTS:AFLYYGet Rating) reached a new 52-week low on Tuesday . The company traded as low as $2.74 and last traded at $3.15, with a volume of 34686 shares. The stock had previously closed at $3.12.

Several research firms have commented on AFLYY. Morgan Stanley cut their price target on Air France-KLM from €2.02 ($2.13) to €1.70 ($1.79) in a report on Tuesday, May 31st. UBS Group cut their target price on Air France-KLM from €2.10 ($2.21) to €1.90 ($2.00) and set a “neutral” rating for the company in a research note on Tuesday, June 7th. Citigroup lifted their price target on shares of Air France-KLM from €4.20 ($4.42) to €4.40 ($4.63) in a research note on Tuesday, April 26th. Barclays dropped their price objective on shares of Air France-KLM from €4.60 ($4.84) to €4.00 ($4.21) and set an “equal weight” rating for the company in a research note on Friday, April 22nd. Finally, Berenberg Bank reduced their price objective on shares of Air France-KLM from €3.10 ($3.26) to €1.10 ($1.16) and set a “sell” rating for the company in a report on Tuesday, June 7th. Three investment analysts have rated the stock with a sell rating and five have given a hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $2.93.

The company’s 50 day simple moving average is $3.85 and its two-hundred day simple moving average is $4.26. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.86 and a current ratio of 0.90.

Air France-KLM (OTCMKTS:AFLYYGet Rating) last released its quarterly earnings results on Thursday, May 5th. The transportation company reported ($1.05) EPS for the quarter, topping analysts’ consensus estimates of ($1.26) by $0.21. The business had revenue of $4.99 billion for the quarter. On average, sell-side analysts predict that Air France-KLM SA will post -1.61 EPS for the current fiscal year.

The firm also recently announced a dividend, which will be paid on Tuesday, June 28th. Stockholders of record on Thursday, June 30th will be issued a dividend of $1.5641 per share. This represents a dividend yield of 49.65%. The ex-dividend date is Wednesday, June 29th.

Air France-KLM Company Profile (OTCMKTS:AFLYY)

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services on scheduled flights in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through Network, Maintenance, Transavia, and Other segments. It also offers airframe and engine maintenance services; component support services comprising electronic, mechanical, pneumatic, hydraulic, etc.; and other services, as well as operates point-to-point flights to/from the Netherlands and France.

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