Air France-KLM (OTCMKTS:AFLYY) Shares Gap Down - Should You Sell?

Key Points

• Air France-KLM shares gapped down Monday, opening at $1.05 from a $1.1890 close and last trading at $1.1250 (down ~6.6%) on about 63,269 shares traded.
• Analysts maintain a consensus "Moderate Buy" (1 Strong Buy, 2 Buy, 5 Hold) after several upgrades, while the company reported an EPS beat ($0.23 vs. $0.04) and $9.53B revenue but shows high leverage (debt/equity 5.39) and low liquidity (current ratio 0.62).

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $1.1890, but opened at $1.05. Air France-KLM shares last traded at $1.1250, with a volume of 63,269 shares traded.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on AFLYY shares. Zacks Research upgraded Air France-KLM from a "hold" rating to a "strong-buy" rating in a research report on Thursday, February 19th. Citigroup restated a "neutral" rating on shares of Air France-KLM in a research report on Friday, February 20th. Royal Bank Of Canada started coverage on Air France-KLM in a research report on Tuesday, January 20th. They set a "hold" rating for the company. Barclays upgraded Air France-KLM from an "underweight" rating to an "equal weight" rating in a research report on Monday, March 9th. Finally, Oddo Bhf upgraded Air France-KLM from a "neutral" rating to an "outperform" rating in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy".

Air France-KLM Trading Down 6.6%

The business has a 50 day moving average of $1.22 and a 200-day moving average of $1.25. The company has a current ratio of 0.62, a quick ratio of 0.56 and a debt-to-equity ratio of 5.39. The firm has a market capitalization of $2.92 billion, a P/E ratio of 1.68, a PEG ratio of 0.07 and a beta of 1.36.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last posted its earnings results on Thursday, February 19th. The transportation company reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.19. Air France-KLM had a return on equity of 100.70% and a net margin of 5.00%.The business had revenue of $9.53 billion during the quarter, compared to analysts' expectations of $9.43 billion. Analysts anticipate that Air France-KLM SA will post 0.21 EPS for the current fiscal year.

About Air France-KLM

Air France-KLM is a leading European airline group formed in 2004 through the merger of France's flagship carrier Air France and the Netherlands' national airline KLM Royal Dutch Airlines. Headquartered in Paris and Amstelveen, the group provides passenger, cargo and maintenance services across a global network, connecting major hubs in Europe, North America, Asia, Africa and Latin America.

The company's primary business activities include scheduled passenger transport on short, medium and long-haul routes; air freight operations under Air France-KLM Cargo; and technical support and maintenance services through AFI KLM E&M.

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