Air France-KLM (OTCMKTS:AFLYY) Shares Gap Up - Should You Buy?

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report)'s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $0.93, but opened at $0.98. Air France-KLM shares last traded at $1.02, with a volume of 63,304 shares.

Wall Street Analyst Weigh In

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

Air France-KLM Stock Performance

The company has a 50-day moving average of $0.94 and a 200-day moving average of $0.89. The company has a market cap of $2.71 billion, a PE ratio of 4.90, a PEG ratio of 0.10 and a beta of 1.86. 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 posted its quarterly earnings data on Wednesday, April 30th. The transportation company reported ($0.12) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.17) by $0.05. The firm had revenue of $7.54 billion for the quarter, compared to the consensus estimate of $7.39 billion. Air France-KLM had a net margin of 1.79% and a return on equity of 84.54%. As a group, analysts anticipate 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.