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

Air France-KLM SA (OTCMKTS:AFLYY) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 5,900 shares, a drop of 89.5% from the August 15th total of 56,204 shares. Based on an average daily trading volume, of 59,993 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Air France-KLM Stock Performance

Air France-KLM stock remained flat at $1.30 during midday trading on Thursday. The company had a trading volume of 10,849 shares, compared to its average volume of 101,589. The company has a debt-to-equity ratio of 4.83, a quick ratio of 0.61 and a current ratio of 0.67. The firm has a market capitalization of $3.42 billion, a price-to-earnings ratio of 2.77 and a beta of 1.39. The business has a 50-day simple moving average of $1.37 and a 200-day simple moving average of $1.27. Air France-KLM has a 12 month low of $0.99 and a 12 month high of $1.59.

Air France-KLM (OTCMKTS:AFLYY) last announced its earnings results on Thursday, July 30th. The transportation company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.02. The firm had revenue of $10.67 billion for the quarter, compared to the consensus estimate of $10.51 billion. Air France-KLM had a net margin of 3.35% and a return on equity of 44.05%. Equities research analysts anticipate that Air France-KLM will post 0.44 earnings per share for the current year.

Analysts Set New Price Targets

AFLYY has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Air France-KLM in a report on Monday, June 22nd. Citigroup reissued a “neutral” rating on shares of Air France-KLM in a research note on Monday, August 3rd. Kepler Capital Markets upgraded Air France-KLM from a “reduce” rating to a “hold” rating in a report on Tuesday, August 25th. Morgan Stanley restated an “overweight” rating on shares of Air France-KLM in a report on Wednesday, July 8th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Air France-KLM in a report on Wednesday, August 5th. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average 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.