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

Air France-KLM SA (OTCMKTS:AFLYY) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 37,371 shares, an increase of 1,733.7% from the December 31st total of 2,038 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 92,480 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 92,480 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on AFLYY shares. Barclays cut Air France-KLM from an “equal weight” rating to an “underweight” rating in a report on Wednesday, January 14th. Morgan Stanley started coverage on shares of Air France-KLM in a research note on Wednesday, October 15th. They issued an “equal weight” rating on the stock. Citigroup reissued 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 research report on Monday, December 1st. Finally, Royal Bank Of Canada started coverage on Air France-KLM in a research note on Tuesday, January 20th. They set a “hold” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold”.

Air France-KLM Price Performance

Air France-KLM stock opened at $1.22 on Thursday. Air France-KLM has a 52 week low of $0.75 and a 52 week high of $1.76. The company’s 50 day moving average price is $1.25 and its two-hundred day moving average price is $1.35. The company has a quick ratio of 0.60, a current ratio of 0.65 and a debt-to-equity ratio of 5.64. The stock has a market cap of $3.21 billion, a P/E ratio of 3.05, a P/E/G ratio of 0.08 and a beta of 1.28.

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

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.