Air France-KLM (OTCMKTS:AFLYY) Shares Down 3.2% - Here's Why

Key Points

• Air France-KLM's stock price decreased by 3.2%, closing at $1.51 with a volume down 5% from the average.
• Analysts have mixed ratings for the company, with one strong buy, five holds, and one sell, resulting in an average rating of "Hold."
• In its last earnings report, Air France-KLM posted earnings of $0.25 per share, surpassing estimates and generating a revenue of $9.66 billion.

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report)'s stock price fell 3.2% during mid-day trading on Monday . The company traded as low as $1.51 and last traded at $1.51. 104,861 shares were traded during trading, a decline of 5% from the average session volume of 110,957 shares. The stock had previously closed at $1.56.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on AFLYY. 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 reiterated 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, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Air France-KLM has an average rating of "Hold".

Air France-KLM Price Performance

The firm has a market capitalization of $4.02 billion, a P/E ratio of 3.64, a price-to-earnings-growth 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 $1.47 and a two-hundred day simple moving average of $1.14.

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. The business had revenue of $9.66 billion for the quarter, compared to analyst estimates of $8.44 billion. Air France-KLM had a return on equity of 137.95% and a net margin of 3.30%. On average, sell-side analysts expect 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.

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