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

Key Points

• Air France-KLM's stock experienced a significant increase in trading volume, with approximately 318,321 shares traded, reflecting a 177% rise from the previous session.
• The company reported $0.25 earnings per share (EPS) for the last quarter, exceeding estimates, and achieved revenue of $9.66 billion, surpassing analyst expectations.
• Analysts have mixed opinions on the stock, with one rating it as a Strong Buy, five as Hold, and one as Sell, leading to an average rating of "Hold".

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 318,321 shares changed hands during trading, an increase of 177% from the previous session's volume of 114,734 shares.The stock last traded at $1.48 and had previously closed at $1.53.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on AFLYY shares. Barclays upgraded Air France-KLM from an "underweight" rating to an "equal weight" rating in a research note on Monday, August 4th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Air France-KLM in a research note on Friday, July 4th. One analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold".

Air France-KLM Stock Up 0.2%

The firm has a market cap of $3.74 billion, a price-to-earnings ratio of 3.38, a price-to-earnings-growth ratio of 0.12 and a beta of 1.93. 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 $1.50 and a 200-day moving average of $1.16.

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, beating the consensus estimate of $0.18 by $0.07. The firm had revenue of $9.66 billion for 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, 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.