Air France-KLM (OTCMKTS:AFLYY) Shares Gap Down – Should You Sell?

Air France-KLM SA (OTCMKTS:AFLYY) gapped down prior to trading on Wednesday . The stock had previously closed at $1.16, but opened at $1.09. Air France-KLM shares last traded at $1.09, with a volume of 995 shares changing hands.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Citigroup reaffirmed a “neutral” rating on shares of Air France-KLM in a research report on Friday, February 20th. Oddo Bhf raised Air France-KLM from a “neutral” rating to an “outperform” rating in a research report on Friday, February 6th. Zacks Research downgraded Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Finally, Barclays raised Air France-KLM from an “underweight” rating to an “equal weight” rating in a research report on Monday, March 9th. Two research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Air France-KLM Stock Performance

The company has a debt-to-equity ratio of 5.39, a current ratio of 0.62 and a quick ratio of 0.56. The stock has a 50 day simple moving average of $1.12 and a two-hundred day simple moving average of $1.21. The company has a market cap of $3.02 billion, a PE ratio of 1.77, a PEG ratio of 0.23 and a beta of 1.31.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings data on Thursday, April 30th. The transportation company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.08). Air France-KLM had a net margin of 4.77% and a return on equity of 82.05%. The firm had revenue of $8.77 billion during the quarter, compared to analysts’ expectations of $8.77 billion. Equities analysts predict that Air France-KLM SA will post 0.37 EPS for the current year.

About Air France-KLM

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.