Air France-KLM (OTCMKTS:AFLYY – Get Free Report) posted its quarterly earnings results on Thursday. The transportation company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02, Zacks reports. Air France-KLM had a return on equity of 71.16% and a net margin of 4.77%.
Air France-KLM Price Performance
OTCMKTS AFLYY traded up $0.04 during trading on Thursday, reaching $1.37. The company’s stock had a trading volume of 59,116 shares, compared to its average volume of 114,868. The stock has a market capitalization of $3.60 billion, a PE ratio of 2.11, a P/E/G ratio of 0.22 and a beta of 1.39. The company has a debt-to-equity ratio of 4.26, a current ratio of 0.72 and a quick ratio of 0.66. The firm has a fifty day moving average of $1.36 and a 200 day moving average of $1.26. Air France-KLM has a one year low of $0.99 and a one year high of $1.76.
Analyst Ratings Changes
Several research analysts have commented on the company. Zacks Research downgraded Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Air France-KLM in a report on Monday, June 22nd. Kepler Capital Markets lowered shares of Air France-KLM from a “hold” rating to a “reduce” rating in a research report on Friday, July 17th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Air France-KLM in a research note on Wednesday, July 8th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.
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.
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