Air France-KLM SA (OTCMKTS:AFLYY) Short Interest Update

Air France-KLM SA (OTCMKTS:AFLYY) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 8,900 shares, a growth of 423.5% from the March 15th total of 1,700 shares. Based on an average daily volume of 27,400 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Air France-KLM Stock Performance

AFLYY stock traded up $0.05 during mid-day trading on Monday, hitting $0.86. The company had a trading volume of 16,678 shares, compared to its average volume of 54,534. Air France-KLM has a 12 month low of $0.70 and a 12 month high of $1.25. The stock’s fifty day moving average price is $0.92 and its two-hundred day moving average price is $0.87. The firm has a market cap of $2.25 billion, a PE ratio of 2.20 and a beta of 1.50.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings data on Thursday, March 6th. The transportation company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05). Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%. The company had revenue of $8.40 billion for the quarter, compared to analysts’ expectations of $7.71 billion. Equities analysts anticipate that Air France-KLM will post 0.21 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. UBS Group cut Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 25th. Barclays lowered Air France-KLM from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 15th. Citigroup cut Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Redburn Atlantic raised Air France-KLM from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 25th. Finally, Morgan Stanley restated an “underweight” rating on shares of Air France-KLM in a research note on Friday, March 7th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock 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.