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

Air France-KLM SA (OTCMKTS:AFLYY) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totaling 15,484 shares, a drop of 74.0% from the March 15th total of 59,581 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 372,658 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on AFLYY. Citigroup restated a “neutral” rating on shares of Air France-KLM in a report on Friday, February 20th. Royal Bank Of Canada initiated coverage on shares of Air France-KLM in a research report on Tuesday, January 20th. They set a “hold” rating on the stock. Zacks Research raised shares of Air France-KLM from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 19th. Oddo Bhf upgraded Air France-KLM from a “neutral” rating to an “outperform” rating in a report on Friday, February 6th. Finally, Barclays raised Air France-KLM from an “underweight” rating to an “equal weight” rating in a research report on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Air France-KLM currently has an average rating of “Moderate Buy”.

Air France-KLM Price Performance

Shares of AFLYY stock opened at $1.19 on Monday. Air France-KLM has a 12 month low of $0.79 and a 12 month high of $1.76. The company has a quick ratio of 0.56, a current ratio of 0.62 and a debt-to-equity ratio of 5.39. The firm has a market cap of $3.12 billion, a PE ratio of 1.80, a price-to-earnings-growth ratio of 0.07 and a beta of 1.36. The stock has a 50 day moving average of $1.22 and a 200-day moving average of $1.25.

Air France-KLM (OTCMKTS:AFLYY) last announced its quarterly earnings results on Thursday, February 19th. The transportation company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.19. The firm had revenue of $9.53 billion for the quarter, compared to analyst estimates of $9.43 billion. Air France-KLM had a net margin of 5.00% and a return on equity of 100.70%. On average, equities analysts predict that Air France-KLM will post 0.21 EPS for the current year.

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.