Air France-KLM (OTCMKTS:AFLYY) Sees Unusually-High Trading Volume - 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) saw strong trading volume on Tuesday . 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.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Barclays raised shares of Air France-KLM from an "underweight" rating to an "equal weight" rating in a report on Monday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed 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 Strong Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Air France-KLM presently has a consensus rating of "Hold".

Air France-KLM Price Performance

The stock's fifty day moving average is $1.44 and its 200-day moving average is $1.11. The stock has a market capitalization of $4.18 billion, a PE 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 current ratio of 0.61 and a quick ratio of 0.56.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $9.66 billion during the quarter, compared to analysts' expectations of $8.44 billion. Air France-KLM had a net margin of 3.30% and a return on equity of 137.95%. 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.