Short Interest in Air France-KLM SA (OTCMKTS:AFLYY) Drops By 49.0%

Key Points

• Short interest in Air France-KLM SA decreased by 49.0% in September, dropping from 176,600 shares to 90,100 shares, resulting in a short-interest ratio of 0.2 days based on the current trading volume.
• Air France-KLM's stock price rose by 2.0%, reaching $1.40, while its market capitalization stands at $3.68 billion and it has a P/E ratio of 3.33.
• The company reported a quarterly earnings per share (EPS) of $0.25, exceeding analysts' expectations, with total revenue of $9.66 billion for the quarter compared to the consensus estimate of $8.44 billion.

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 90,100 shares, a decrease of 49.0% from the August 31st total of 176,600 shares. Based on an average trading volume of 441,700 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 441,700 shares, the short-interest ratio is currently 0.2 days.

Air France-KLM Trading Up 2.0%

Air France-KLM stock traded up $0.03 during mid-day trading on Friday, hitting $1.40. 101,934 shares of the company's stock were exchanged, compared to its average volume of 229,094. The firm has a market capitalization of $3.68 billion, a P/E ratio of 3.33, a PEG ratio of 0.11 and a beta of 1.85. Air France-KLM has a fifty-two week low of $0.70 and a fifty-two week high of $1.76. 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 company's 50 day simple moving average is $1.51 and its 200-day simple moving average is $1.18.

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

Analyst Upgrades and Downgrades

AFLYY has been the topic of a number of research analyst reports. Barclays upgraded Air France-KLM from an "underweight" rating to an "equal weight" rating in a research 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 investment analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold".

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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