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

Air France-KLM SA (OTCMKTS:AFLYY) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 15,910 shares, a decline of 40.5% from the June 15th total of 26,743 shares. Based on an average trading volume of 129,389 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

AFLYY has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Air France-KLM in a research report on Monday, June 22nd. Zacks Research cut Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Air France-KLM in a research note on Wednesday, July 8th. Three analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Air France-KLM Stock Up 4.3%

Shares of OTCMKTS:AFLYY opened at $1.47 on Thursday. The stock has a market capitalization of $3.86 billion, a P/E ratio of 2.26, a price-to-earnings-growth ratio of 0.23 and a beta of 1.39. The stock’s 50-day moving average price is $1.33 and its 200-day moving average price is $1.26. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 4.26. Air France-KLM has a 12-month low of $0.99 and a 12-month high of $1.76.

Air France-KLM (OTCMKTS:AFLYY) last issued its earnings results on Thursday, April 30th. The transportation company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.08). Air France-KLM had a net margin of 4.77% and a return on equity of 71.16%. The company had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $8.77 billion. On average, equities analysts anticipate that Air France-KLM will post 0.41 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.