Air France-KLM (OTCMKTS:AFLYY) Shares Down 7.4% – Time to Sell?

Shares of Air France-KLM SA (OTCMKTS:AFLYY) fell 7.4% on Tuesday . The stock traded as low as $1.12 and last traded at $1.12. 217,939 shares changed hands during trading, an increase of 52% from the average session volume of 143,801 shares. The stock had previously closed at $1.21.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AFLYY. Oddo Bhf upgraded Air France-KLM from a “neutral” rating to an “outperform” rating in a research note on Friday, February 6th. Zacks Research cut Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Citigroup reiterated a “neutral” rating on shares of Air France-KLM in a research note on Friday, February 20th. Royal Bank Of Canada began coverage on Air France-KLM in a research note on Tuesday, January 20th. They issued a “hold” rating for the company. Finally, Barclays upgraded Air France-KLM from an “underweight” rating to an “equal weight” rating in a research note on Monday, March 9th. Two research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

Air France-KLM Stock Performance

The company has a debt-to-equity ratio of 5.39, a current ratio of 0.62 and a quick ratio of 0.56. The stock has a 50 day simple moving average of $1.20 and a two-hundred day simple moving average of $1.24. The company has a market cap of $2.94 billion, a PE ratio of 1.70, a PEG ratio of 0.18 and a beta of 1.36.

Air France-KLM (OTCMKTS:AFLYY) last released its earnings results on Thursday, February 19th. The transportation company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.19. The business had revenue of $9.53 billion for the quarter, compared to analyst estimates of $9.43 billion. Air France-KLM had a return on equity of 100.70% and a net margin of 5.00%. Equities analysts predict that Air France-KLM SA will post 0.46 EPS 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.