Air France-KLM (OTCMKTS:AFLYY) Trading 5.6% Higher After Analyst Upgrade

Air France-KLM SA (OTCMKTS:AFLYY) rose 5.6% during trading on Monday after JPMorgan Chase & Co. upgraded the stock from a neutral rating to an overweight rating. The company traded as high as $1.2650 and last traded at $1.26. Approximately 17,411 shares changed hands during trading, a decline of 87% from the average daily volume of 137,191 shares. The stock had previously closed at $1.1930.

Several other research analysts also recently commented on the company. Citigroup restated a “neutral” rating on shares of Air France-KLM in a research note on Thursday, October 23rd. Barclays upgraded shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a research report on Monday, August 4th. Finally, Morgan Stanley began coverage on shares of Air France-KLM in a report on Wednesday, October 15th. They set an “equal weight” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Air France-KLM Trading Down 1.0%

The company has a 50-day moving average price of $1.28 and a two-hundred day moving average price of $1.30. The stock has a market cap of $3.28 billion, a P/E ratio of 3.12, a P/E/G ratio of 0.15 and a beta of 1.30. The company has a current ratio of 0.65, a quick ratio of 0.60 and a debt-to-equity ratio of 5.64.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings results on Thursday, November 6th. The transportation company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.09). Air France-KLM had a return on equity of 82.86% and a net margin of 3.21%.The company had revenue of $10.63 billion during the quarter, compared to the consensus estimate of $10.92 billion. On average, research analysts expect that Air France-KLM SA will post 0.21 EPS for the current fiscal year.

Air France-KLM Company Profile

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.