Air France-KLM (OTCMKTS:AFLYY) Shares Gap Up – Should You Buy?

Shares of Air France-KLM SA (OTCMKTS:AFLYY) gapped up prior to trading on Tuesday . The stock had previously closed at $1.28, but opened at $1.33. Air France-KLM shares last traded at $1.34, with a volume of 68,543 shares trading hands.

Analyst Ratings Changes

Several research firms have issued reports on AFLYY. Citigroup restated a “neutral” rating on shares of Air France-KLM in a research note on Thursday. Morgan Stanley assumed coverage on shares of Air France-KLM in a research report on Wednesday, October 15th. They issued an “equal weight” rating on the stock. Finally, JPMorgan Chase & Co. raised shares of Air France-KLM from a “neutral” rating to an “overweight” rating in a report on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Air France-KLM Stock Performance

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 stock’s 50-day moving average price is $1.24 and its 200-day moving average price is $1.31. The company has a market cap of $3.52 billion, a P/E ratio of 3.35, a PEG ratio of 0.15 and a beta of 1.30.

Air France-KLM (OTCMKTS:AFLYY) last released its quarterly earnings results on Thursday, November 6th. The transportation company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.09). The business had revenue of $10.63 billion for the quarter, compared to the consensus estimate of $10.92 billion. Air France-KLM had a return on equity of 82.86% and a net margin of 3.21%. Equities analysts anticipate that Air France-KLM SA will post 0.21 EPS for the current year.

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.