Air France-KLM (OTCMKTS:AFLYY) Sees Large Volume Increase - Time to Buy?

Key Points

• Air France-KLM shares experienced a significant trading volume increase of 167%, with approximately 242,755 shares traded on Thursday, raising the stock price to $1.51.
• Analysts have given Air France-KLM a consensus rating of "Hold," with recent upgrades from Barclays and Deutsche Bank, and mixed ratings from multiple analysts.
• The company reported $0.25 earnings per share for the last quarter, surpassing analyst expectations, with revenues of $9.66 billion compared to the forecast of $8.44 billion.

Shares of Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) saw strong trading volume on Thursday . 242,755 shares traded hands during trading, an increase of 167% from the previous session's volume of 90,861 shares.The stock last traded at $1.51 and had previously closed at $1.49.

Analyst Ratings Changes

Several equities analysts have recently weighed in on AFLYY shares. Barclays upgraded shares of Air France-KLM from an "underweight" rating to an "equal weight" rating in a research note on Monday, August 4th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Air France-KLM in a research note 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's stock. According to MarketBeat, the company presently has an average rating of "Hold".

Air France-KLM Stock Performance

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 market capitalization of $4.04 billion, a PE ratio of 3.66, a price-to-earnings-growth ratio of 0.13 and a beta of 1.92. The business's fifty day simple moving average is $1.21 and its 200-day simple moving average is $1.01.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last posted 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. Air France-KLM had a return on equity of 137.95% and a net margin of 3.30%. The company had revenue of $9.66 billion for the quarter, compared to analyst estimates of $8.44 billion. As a group, equities research analysts expect that Air France-KLM SA will post 0.21 EPS for the current year.

About Air France-KLM

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.