Air France-KLM (OTCMKTS:AFLYY) Reaches New 52-Week High - Here's Why

Key Points

• Air France-KLM reached a new 52-week high of $1.42 during trading, closing at $1.41 and showing a significant increase from a prior close of $1.25.
• The company reported earnings of $0.25 per share for its latest quarter, exceeding expectations and achieving revenue of $9.66 billion compared to the consensus estimate of $8.44 billion.
• Analysts maintain a mixed outlook with one "strong buy," five "hold," and one "sell" rating for the stock, reflecting a consensus rating of "Hold."

Shares of Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $1.42 and last traded at $1.41, with a volume of 120807 shares. The stock had previously closed at $1.25.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Barclays upgraded Air France-KLM from an "underweight" rating to an "equal weight" rating in a report on Monday. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Air France-KLM in a report on Friday, July 4th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold".

Air France-KLM Trading Up 2.0%

The stock has a market capitalization of $4.04 billion, a price-to-earnings ratio of 3.66, a P/E/G ratio of 0.13 and a beta of 1.92. The company has a debt-to-equity ratio of 18.28, a quick ratio of 0.56 and a current ratio of 0.61. The firm has a fifty day moving average of $1.20 and a 200-day moving average of $1.00.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last announced its quarterly 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 firm had revenue of $9.66 billion during the quarter, compared to the consensus estimate of $8.44 billion. Air France-KLM had a return on equity of 137.95% and a net margin of 3.30%. As a group, equities analysts predict that Air France-KLM SA will post 0.21 earnings per share 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.