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

Air France-KLM SA (OTCMKTS:AFLYY) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 90,100 shares, a drop of 49.0% from the August 31st total of 176,600 shares. Based on an average daily volume of 441,700 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 441,700 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Air France-KLM in a report on Friday, July 4th. Barclays upgraded Air France-KLM from an “underweight” rating to an “equal weight” rating in a research note on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Air France-KLM Stock Performance

OTCMKTS AFLYY opened at $1.40 on Monday. The company has a market capitalization of $3.68 billion, a price-to-earnings ratio of 3.33, a PEG ratio of 0.12 and a beta of 1.85. The company has a quick ratio of 0.56, a current ratio of 0.61 and a debt-to-equity ratio of 18.28. Air France-KLM has a twelve month low of $0.70 and a twelve month high of $1.76. The stock has a fifty day simple moving average of $1.51 and a 200 day simple moving average of $1.18.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings results on Thursday, July 31st. The transportation company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.07. The company had revenue of $9.66 billion during the quarter, compared to analysts’ expectations of $8.44 billion. Air France-KLM had a return on equity of 137.95% and a net margin of 3.30%. Sell-side analysts expect that Air France-KLM 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.