Air France-KLM (OTCMKTS:AFLYY) Stock Price Up 6.1% - What's Next?

Shares of Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) rose 6.1% during mid-day trading on Wednesday . The company traded as high as $1.05 and last traded at $1.05. Approximately 51,431 shares changed hands during trading, a decline of 11% from the average daily volume of 57,951 shares. The stock had previously closed at $0.99.

Wall Street Analyst Weigh In

AFLYY has been the topic of a number of research reports. Morgan Stanley reaffirmed an "underweight" rating on shares of Air France-KLM in a research report on Friday, March 7th. UBS Group lowered shares of Air France-KLM from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Finally, Redburn Atlantic raised shares of Air France-KLM from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 25th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold".

Air France-KLM Trading Up 5.1%

The company's fifty day moving average price is $0.95 and its two-hundred day moving average price is $0.89. The company has a current ratio of 0.61, a quick ratio of 0.56 and a debt-to-equity ratio of 18.28. The firm has a market cap of $2.84 billion, a P/E ratio of 5.15, a price-to-earnings-growth ratio of 0.11 and a beta of 1.86.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last posted its earnings results 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. Air France-KLM had a net margin of 1.79% and a return on equity of 84.54%. The business had revenue of $7.54 billion for the quarter, compared to analyst estimates of $7.39 billion. As a group, sell-side analysts predict 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.