Air France-KLM SA (OTCMKTS:AFLYY) Short Interest Update

Air France-KLM SA (OTCMKTS:AFLYY) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 2,036 shares, a decline of 92.7% from the November 30th total of 28,005 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 124,887 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 124,887 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Air France-KLM Stock Performance

Shares of AFLYY stock opened at $1.28 on Friday. The stock has a market cap of $3.36 billion, a price-to-earnings ratio of 3.20, a PEG ratio of 0.15 and a beta of 1.30. The stock has a 50-day moving average of $1.23 and a 200-day moving average of $1.32. 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 has a 1-year low of $0.70 and a 1-year high of $1.76.

Air France-KLM (OTCMKTS:AFLYY) last released its quarterly earnings results on Thursday, November 6th. The transportation company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $10.63 billion for the quarter, compared to the consensus estimate of $10.92 billion. On average, equities research analysts forecast that Air France-KLM will post 0.21 earnings per share for the current year.

Analyst Upgrades and Downgrades

AFLYY has been the subject of several research reports. JPMorgan Chase & Co. upgraded Air France-KLM from a “neutral” rating to an “overweight” rating in a research report on Monday, December 1st. Morgan Stanley began coverage on Air France-KLM in a research note on Wednesday, October 15th. They issued an “equal weight” rating for the company. Finally, Citigroup reiterated a “neutral” rating on shares of Air France-KLM in a report on Thursday, December 11th. One equities 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 company. According to data from MarketBeat.com, Air France-KLM presently has an average rating of “Hold”.

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.