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

Key Points

• Air France-KLM's share price gapped down from $1.62 to $1.56 at market opening, with recent trading at $1.61 and a volume of 9,025 shares.
• Several analysts have rated the stock, with a consensus of "Hold" and mixed ratings including one Strong Buy and one Sell.
• In its last quarterly earnings report, Air France-KLM posted an EPS of $0.25, exceeding estimates, with revenue of $9.66 billion against an expected $8.44 billion.

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report)'s share price gapped down before the market opened on Friday . The stock had previously closed at $1.62, but opened at $1.56. Air France-KLM shares last traded at $1.61, with a volume of 9,025 shares.

Analysts Set New Price Targets

Several brokerages recently weighed in on AFLYY. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Air France-KLM in a report on Friday, July 4th. Barclays upgraded shares of Air France-KLM from an "underweight" rating to an "equal weight" rating in a research note on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold".

Air France-KLM Trading Down 1.9%

The company has a market cap of $4.18 billion, a price-to-earnings ratio of 3.79, a P/E/G ratio of 0.13 and a beta of 1.92. The business has a fifty day simple moving average of $1.37 and a 200 day simple moving average of $1.08. The company has a quick ratio of 0.56, a current ratio of 0.61 and a debt-to-equity ratio of 18.28.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The transportation company reported $0.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.07. Air France-KLM had a net margin of 3.30% and a return on equity of 137.95%. The business had revenue of $9.66 billion during the quarter, compared to the consensus estimate of $8.44 billion. On average, equities analysts anticipate that Air France-KLM SA will post 0.21 EPS for the current fiscal year.

Air France-KLM Company Profile

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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