Air France-KLM (OTCMKTS:AFLYY) Reaches New 52-Week High - Still a Buy?

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $1.27 and last traded at $1.26, with a volume of 48980 shares. The stock had previously closed at $1.22.

Analyst Upgrades and Downgrades

Several analysts have weighed in on AFLYY shares. UBS Group downgraded Air France-KLM from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Air France-KLM in a research report on Friday, July 4th. Finally, Redburn Atlantic raised Air France-KLM from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 25th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold".

Air France-KLM Stock Down 0.4%

The company has a debt-to-equity ratio of 18.28, a current ratio of 0.61 and a quick ratio of 0.56. The business has a 50 day moving average price of $1.04 and a 200 day moving average price of $0.92. The firm has a market capitalization of $3.47 billion, a P/E ratio of 6.29, a price-to-earnings-growth ratio of 0.14 and a beta of 1.85.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The transportation company reported ($0.12) EPS for the quarter, topping analysts' consensus estimates of ($0.17) by $0.05. The business had revenue of $7.54 billion for the quarter, compared to analyst estimates of $7.39 billion. Air France-KLM had a return on equity of 84.54% and a net margin of 1.79%. On average, analysts predict that Air France-KLM SA will post 0.21 earnings per share 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.