Short Interest in Air France-KLM SA (OTCMKTS:AFLYY) Declines By 65.8%

Air France-KLM SA (OTCMKTS:AFLYYGet Free Report) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 26,743 shares, a drop of 65.8% from the May 31st total of 78,296 shares. Based on an average trading volume of 175,841 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Air France-KLM Price Performance

Shares of AFLYY opened at $1.50 on Tuesday. Air France-KLM has a one year low of $0.99 and a one year high of $1.76. The stock’s fifty day moving average is $1.24 and its 200-day moving average is $1.24. 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 firm has a market capitalization of $3.93 billion, a price-to-earnings ratio of 2.30, a price-to-earnings-growth ratio of 0.30 and a beta of 1.39.

Air France-KLM (OTCMKTS:AFLYYGet Free Report) last posted its quarterly earnings data 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 analyst estimates of $8.77 billion. Air France-KLM had a return on equity of 82.05% and a net margin of 4.77%. Equities analysts anticipate that Air France-KLM will post 0.37 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on AFLYY. Barclays raised shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a research note on Monday, March 9th. Morgan Stanley upgraded shares of Air France-KLM from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Air France-KLM in a report on Monday, June 22nd. Finally, Zacks Research downgraded Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Three equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Get Our Latest Analysis on AFLYY

About Air France-KLM

(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.

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