Air France-KLM (OTCMKTS:AFLYY) Sees Large Volume Increase - Here's What Happened

Key Points

• Air France-KLM experienced a significant increase in trading volume, with 227,343 shares traded on Tuesday, marking a 115% rise from the previous day.
• Despite trading down 4.4%, the company has a market cap of $4.02 billion and reported an earnings per share (EPS) of $0.25 for the last quarter, exceeding estimates.
• Analysts hold a mixed view on the stock, with one Strong Buy, five Hold, and one Sell ratings, resulting in an average rating of "Hold."

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 227,343 shares were traded during mid-day trading, an increase of 115% from the previous session's volume of 105,928 shares.The stock last traded at $1.52 and had previously closed at $1.60.

Analyst Upgrades and Downgrades

AFLYY has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Air France-KLM in a research note on Friday, July 4th. Barclays raised Air France-KLM from an "underweight" rating to an "equal weight" rating in a report on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold".

Air France-KLM Price Performance

The firm has a market cap of $4.18 billion, a price-to-earnings ratio of 3.79, a P/E/G ratio of 0.13 and a beta of 1.94. 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 business has a 50 day simple moving average of $1.44 and a 200-day simple moving average of $1.11.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last announced its earnings results on Thursday, July 31st. The transportation company reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates 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 firm had revenue of $9.66 billion for the quarter, compared to the consensus estimate of $8.44 billion. Equities research analysts expect that Air France-KLM SA will post 0.21 earnings per share for the current 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.