Air France-KLM (OTCMKTS:AFLYY) Reaches New 1-Year High - Should You Buy?

Key Points

• Air France-KLM shares reached a new 52-week high of $1.71, with a current trading price of $1.69, indicating strong market momentum.
• The company reported a quarterly earnings per share (EPS) of $0.25, surpassing expectations and contributing to a market capitalization of $4.52 billion.
• A recent upgrade from Barclays raised the stock's rating from "underweight" to "equal weight," while the overall sentiment remains mixed with an average rating of "Hold" from analysts.

Shares of Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) hit a new 52-week high on Monday . The company traded as high as $1.71 and last traded at $1.69, with a volume of 4857 shares traded. The stock had previously closed at $1.70.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AFLYY. Barclays upgraded Air France-KLM from an "underweight" rating to an "equal weight" rating in a research report on Monday, August 4th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Air France-KLM in a research report on Friday, July 4th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Air France-KLM currently has an average rating of "Hold".

Air France-KLM Trading Up 1.2%

The stock has a market capitalization of $4.52 billion, a PE ratio of 4.10, a P/E/G ratio of 0.14 and a beta of 1.92. The firm has a 50 day moving average price of $1.25 and a 200 day moving average price of $1.03. The company has a quick ratio of 0.56, a current ratio of 0.61 and a debt-to-equity ratio of 18.28.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last released its earnings results on Thursday, July 31st. The transportation company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.07. The company had revenue of $9.66 billion during the quarter, compared to analyst estimates of $8.44 billion. Air France-KLM had a return on equity of 137.95% and a net margin of 3.30%. Equities analysts expect that Air France-KLM SA will post 0.21 EPS for the current fiscal year.

Air France-KLM Company Profile

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.

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