Air France-KLM SA (OTCMKTS:AFLYY) Sees Significant Drop in Short Interest

Air France-KLM SA (OTCMKTS:AFLYY) saw a significant decrease in short interest in January. As of January 30th, there was short interest totaling 28,167 shares, a decrease of 24.6% from the January 15th total of 37,371 shares. Based on an average trading volume of 77,439 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 77,439 shares, the days-to-cover ratio is presently 0.4 days.

Analysts Set New Price Targets

Several brokerages recently issued reports on AFLYY. Oddo Bhf upgraded Air France-KLM from a “neutral” rating to an “outperform” rating in a research report on Friday, February 6th. JPMorgan Chase & Co. raised shares of Air France-KLM from a “neutral” rating to an “overweight” rating in a research note on Monday, December 1st. Citigroup reissued a “neutral” rating on shares of Air France-KLM in a research report on Thursday, December 11th. Barclays lowered shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a report on Wednesday, January 14th. Finally, Royal Bank Of Canada started coverage on shares of Air France-KLM in a research note on Tuesday, January 20th. They issued a “hold” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Air France-KLM currently has an average rating of “Hold”.

Air France-KLM Trading Down 0.9%

Shares of OTCMKTS:AFLYY opened at $1.34 on Tuesday. The company’s 50-day moving average price is $1.28 and its two-hundred day moving average price is $1.35. Air France-KLM has a one year low of $0.75 and a one year high of $1.76. The company has a debt-to-equity ratio of 5.64, a current ratio of 0.65 and a quick ratio of 0.60. The stock has a market capitalization of $3.52 billion, a PE ratio of 3.35, a price-to-earnings-growth ratio of 0.09 and a beta of 1.28.

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.