Air France-KLM (OTCMKTS:AFLYY) Sees Large Volume Increase - Should You Buy?

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) shares saw an uptick in trading volume on Monday . 188,320 shares changed hands during mid-day trading, an increase of 233% from the previous session's volume of 56,502 shares.The stock last traded at $0.93 and had previously closed at $0.95.

Analyst Upgrades and Downgrades

AFLYY has been the subject of a number of research reports. UBS Group downgraded shares of Air France-KLM from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 25th. Redburn Atlantic raised shares of Air France-KLM from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 25th. Finally, Morgan Stanley reaffirmed an "underweight" rating on shares of Air France-KLM in a report on Friday, March 7th. Two research analysts have 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, Air France-KLM has a consensus rating of "Hold".

Air France-KLM Stock Up 6.5%

The firm has a market cap of $2.60 billion, a price-to-earnings ratio of 4.71, a price-to-earnings-growth ratio of 0.08 and a beta of 1.86. The company has a current ratio of 0.61, a quick ratio of 0.56 and a debt-to-equity ratio of 18.28. The stock has a 50-day moving average of $0.94 and a 200-day moving average of $0.89.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The transportation company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.05. Air France-KLM had a net margin of 1.79% and a return on equity of 84.54%. The company had revenue of $7.54 billion during the quarter, compared to the consensus estimate of $7.39 billion. As a group, sell-side analysts forecast that Air France-KLM SA will post 0.21 EPS for the current fiscal 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.