Air France-KLM SA (OTCMKTS:AFLYY) Short Interest Down 92.7% in December

Air France-KLM SA (OTCMKTS:AFLYY) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 2,036 shares, a decrease of 92.7% from the November 30th total of 28,005 shares. Based on an average daily trading volume, of 124,887 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 124,887 shares, the short-interest ratio is currently 0.0 days.

Air France-KLM Price Performance

Shares of AFLYY stock remained flat at $1.28 during trading on Wednesday. 49,765 shares of the company traded hands, compared to its average volume of 50,297. The business’s 50 day simple moving average is $1.24 and its 200-day simple moving average is $1.32. The firm has a market cap of $3.36 billion, a PE ratio of 3.20, a price-to-earnings-growth ratio of 0.15 and a beta of 1.30. The company has a quick ratio of 0.60, a current ratio of 0.65 and a debt-to-equity ratio of 5.64. Air France-KLM has a one year low of $0.70 and a one year high of $1.76.

Air France-KLM (OTCMKTS:AFLYY) last announced its earnings results on Thursday, November 6th. The transportation company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.09). Air France-KLM had a net margin of 3.21% and a return on equity of 82.86%. The company had revenue of $10.63 billion for the quarter, compared to the consensus estimate of $10.92 billion. On average, research analysts predict that Air France-KLM will post 0.21 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently commented on AFLYY shares. Morgan Stanley started coverage on shares of Air France-KLM in a research note on Wednesday, October 15th. They set an “equal weight” rating for the company. JPMorgan Chase & Co. raised shares of Air France-KLM from a “neutral” rating to an “overweight” rating in a report on Monday, December 1st. Finally, Citigroup restated a “neutral” rating on shares of Air France-KLM in a research report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Air France-KLM Company Profile

Air France-KLM is a leading European airline group formed in 2004 through the merger of France’s flagship carrier Air France and the Netherlands’ national airline KLM Royal Dutch Airlines. Headquartered in Paris and Amstelveen, the group provides passenger, cargo and maintenance services across a global network, connecting major hubs in Europe, North America, Asia, Africa and Latin America.

The company’s primary business activities include scheduled passenger transport on short, medium and long-haul routes; air freight operations under Air France-KLM Cargo; and technical support and maintenance services through AFI KLM E&M.