Air France-KLM (OTCMKTS:AFLYY) Shares Gap Down - What's Next?

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $0.94, but opened at $0.92. Air France-KLM shares last traded at $0.92, with a volume of 9,520 shares changing hands.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Morgan Stanley reiterated an "underweight" rating on shares of Air France-KLM in a report on Friday, March 7th. UBS Group downgraded Air France-KLM from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 25th. Finally, Redburn Atlantic upgraded Air France-KLM from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 25th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold".

Air France-KLM Stock Down 0.7%

The company has a debt-to-equity ratio of 18.28, a current ratio of 0.61 and a quick ratio of 0.59. The company has a market capitalization of $2.50 billion, a price-to-earnings ratio of 4.52, a PEG ratio of 0.10 and a beta of 1.86. The firm has a 50-day moving average price of $0.94 and a two-hundred day moving average price of $0.88.

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