Air France-KLM (OTCMKTS:AFLYY) Shares Gap Up – Should You Buy?

Air France-KLM SA (OTCMKTS:AFLYY) gapped up before the market opened on Thursday . The stock had previously closed at $1.06, but opened at $1.13. Air France-KLM shares last traded at $1.11, with a volume of 117,157 shares.

Analyst Ratings Changes

AFLYY has been the subject of a number of research analyst reports. Barclays raised shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a report on Monday, August 4th. Citigroup reissued a “neutral” rating on shares of Air France-KLM in a research note on Thursday, October 23rd. Finally, Morgan Stanley assumed coverage on Air France-KLM in a research report on Wednesday, October 15th. They issued an “equal weight” rating on the stock. One research analyst has rated the stock with a Strong Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Air France-KLM currently has a consensus rating of “Hold”.

Air France-KLM Stock Performance

The stock has a market capitalization of $2.92 billion, a P/E ratio of 2.64, a price-to-earnings-growth ratio of 0.12 and a beta of 1.85. The company has a fifty day moving average of $1.39 and a two-hundred day moving average of $1.27. The company has a debt-to-equity ratio of 8.69, a current ratio of 0.60 and a quick ratio of 0.55.

Air France-KLM (OTCMKTS:AFLYY) last posted its quarterly earnings results on Thursday, November 6th. The transportation company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.09). Air France-KLM had a return on equity of 116.09% and a net margin of 3.30%.The company had revenue of $10.63 billion for the quarter, compared to analyst estimates of $10.92 billion. On average, equities analysts anticipate that Air France-KLM SA will post 0.21 EPS for the current year.

About Air France-KLM

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.