Air France-KLM (OTCMKTS:AFLYY) Shares Gap Down – Here’s Why

Shares of Air France-KLM SA (OTCMKTS:AFLYYGet Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $1.27, but opened at $1.21. Air France-KLM shares last traded at $1.26, with a volume of 6,085 shares changing hands.

Analyst Ratings Changes

AFLYY has been the topic of a number of research analyst reports. Zacks Research cut shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Morgan Stanley raised shares of Air France-KLM from an “equal weight” rating to an “overweight” rating in a report on Tuesday, May 26th. Barclays raised shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a report on Monday, March 9th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Air France-KLM in a report on Friday, February 20th. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Air France-KLM presently has an average rating of “Hold”.

View Our Latest Report on AFLYY

Air France-KLM Stock Performance

The company has a debt-to-equity ratio of 5.39, a quick ratio of 0.56 and a current ratio of 0.62. The stock’s fifty day moving average price is $1.17 and its 200-day moving average price is $1.22. The company has a market capitalization of $3.28 billion, a P/E ratio of 1.92, a PEG ratio of 0.25 and a beta of 1.40.

Air France-KLM (OTCMKTS:AFLYYGet Free Report) last released its quarterly 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). The company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $8.77 billion. Air France-KLM had a net margin of 4.77% and a return on equity of 82.05%. As a group, research analysts anticipate that Air France-KLM SA will post 0.37 EPS for the current fiscal year.

Air France-KLM Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Air France-KLM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air France-KLM and related companies with MarketBeat.com's FREE daily email newsletter.