Short Interest in Air France-KLM SA (OTCMKTS:AFLYY) Drops By 38.3%

Key Points

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Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 63,600 shares, adropof38.3% from the July 15th total of 103,100 shares. Approximately0.0% of the shares of the company are short sold. Based on an average daily volume of 305,100 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 305,100 shares, the short-interest ratio is currently 0.2 days. Approximately0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on AFLYY. Barclays raised Air France-KLM from an "underweight" rating to an "equal weight" rating in a report on Monday, August 4th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Air France-KLM in a research note on Friday, July 4th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Air France-KLM has a consensus rating of "Hold".

Air France-KLM Trading Up 1.2%

Air France-KLM stock opened at $1.72 on Tuesday. The company has a quick ratio of 0.56, a current ratio of 0.61 and a debt-to-equity ratio of 18.28. The firm has a 50-day moving average price of $1.27 and a two-hundred day moving average price of $1.04. The firm has a market capitalization of $4.52 billion, a price-to-earnings ratio of 4.10, a PEG ratio of 0.14 and a beta of 1.92. Air France-KLM has a 52-week low of $0.70 and a 52-week high of $1.74.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last posted its 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. The firm had revenue of $9.66 billion during the quarter, compared to analyst estimates of $8.44 billion. Air France-KLM had a net margin of 3.30% and a return on equity of 137.95%. Sell-side analysts expect that Air France-KLM 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.

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