Air France-KLM SA (OTCMKTS:AFLYY) Sees Large Growth in Short Interest

Air France-KLM SA (OTCMKTS:AFLYY) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 45,571 shares, a growth of 61.8% from the January 29th total of 28,167 shares. Based on an average daily trading volume, of 119,194 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 119,194 shares, the days-to-cover ratio is currently 0.4 days.

Air France-KLM Trading Down 6.0%

Shares of AFLYY stock opened at $1.41 on Friday. The company has a debt-to-equity ratio of 5.64, a current ratio of 0.65 and a quick ratio of 0.60. The company has a market cap of $3.71 billion, a price-to-earnings ratio of 2.14, a PEG ratio of 0.09 and a beta of 1.28. Air France-KLM has a 1 year low of $0.75 and a 1 year high of $1.76. The firm has a fifty day moving average price of $1.31 and a 200-day moving average price of $1.35.

Air France-KLM (OTCMKTS:AFLYY) last released its quarterly earnings results on Thursday, February 19th. The transportation company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.19. The business had revenue of $9.53 billion during the quarter, compared to analyst estimates of $9.43 billion. Air France-KLM had a return on equity of 118.01% and a net margin of 5.00%. As a group, equities analysts predict that Air France-KLM will post 0.21 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AFLYY has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised shares of Air France-KLM from a “neutral” rating to an “overweight” rating in a report on Monday, December 1st. Zacks Research upgraded shares of Air France-KLM from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 19th. Oddo Bhf upgraded shares of Air France-KLM from a “neutral” rating to an “outperform” rating in a research note on Friday, February 6th. Royal Bank Of Canada started coverage on Air France-KLM in a report on Tuesday, January 20th. They set a “hold” rating on the stock. Finally, Barclays reaffirmed an “underweight” rating on shares of Air France-KLM in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

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.