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

Air France-KLM SA (OTCMKTS:AFLYY) shares gapped up before the market opened on Wednesday . The stock had previously closed at $1.0250, but opened at $1.0725. Air France-KLM shares last traded at $1.05, with a volume of 18,969 shares traded.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Citigroup reiterated a “neutral” rating on shares of Air France-KLM in a report on Thursday, October 23rd. Morgan Stanley assumed coverage on Air France-KLM in a report on Wednesday, October 15th. They issued an “equal weight” rating for the company. Finally, Barclays raised Air France-KLM from an “underweight” rating to an “equal weight” rating in a research note on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Air France-KLM currently has an average rating of “Hold”.

Air France-KLM Trading Up 7.9%

The stock has a market cap of $2.94 billion, a PE ratio of 2.67, a price-to-earnings-growth ratio of 0.12 and a beta of 1.85. The company’s 50-day moving average price is $1.32 and its 200 day moving average price is $1.28. The company has a debt-to-equity ratio of 8.69, a quick ratio of 0.55 and a current ratio of 0.60.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings data on Thursday, November 6th. The transportation company reported $0.30 earnings per share 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 business had revenue of $10.63 billion during the quarter, compared to analysts’ expectations of $10.92 billion. On average, sell-side analysts forecast that Air France-KLM SA will post 0.21 EPS for the current fiscal 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.