Air France-KLM (OTCMKTS:AFLYY) Stock Price Down 6.5% – Should You Sell?

Air France-KLM SA (OTCMKTS:AFLYY)’s share price fell 6.5% during trading on Wednesday . The company traded as low as $1.29 and last traded at $1.29. 67,622 shares traded hands during mid-day trading, an increase of 39% from the average session volume of 48,493 shares. The stock had previously closed at $1.38.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Citigroup reaffirmed a “neutral” rating on shares of Air France-KLM in a research report on Thursday, December 11th. JPMorgan Chase & Co. raised shares of Air France-KLM from a “neutral” rating to an “overweight” rating in a report on Monday, December 1st. Oddo Bhf raised Air France-KLM from a “neutral” rating to an “outperform” rating in a research report on Friday, February 6th. Barclays downgraded Air France-KLM from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, January 14th. Finally, Royal Bank Of Canada started coverage on shares of Air France-KLM in a report on Tuesday, January 20th. They set a “hold” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Air France-KLM Stock Down 3.6%

The company has a debt-to-equity ratio of 5.64, a current ratio of 0.65 and a quick ratio of 0.60. The company has a fifty day moving average price of $1.29 and a 200 day moving average price of $1.35. The company has a market cap of $3.49 billion, a PE ratio of 3.33, a price-to-earnings-growth ratio of 0.09 and a beta of 1.28.

Air France-KLM Company Profile

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.