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

Air France-KLM SA (OTCMKTS:AFLYY) was the target of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 28,167 shares, a drop of 24.6% from the January 15th total of 37,371 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 77,439 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 77,439 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on AFLYY. Citigroup reaffirmed a “neutral” rating on shares of Air France-KLM in a report on Thursday, December 11th. Oddo Bhf upgraded shares of Air France-KLM from a “neutral” rating to an “outperform” rating in a report on Friday, February 6th. Barclays lowered shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, January 14th. JPMorgan Chase & Co. raised Air France-KLM from a “neutral” rating to an “overweight” rating in a research report on Monday, December 1st. Finally, Royal Bank Of Canada began coverage on shares of Air France-KLM in a research report on Tuesday, January 20th. They set a “hold” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold”.

Air France-KLM Stock Performance

OTCMKTS:AFLYY opened at $1.34 on Monday. The company has a debt-to-equity ratio of 5.64, a quick ratio of 0.60 and a current ratio of 0.65. Air France-KLM has a fifty-two week low of $0.75 and a fifty-two week high of $1.76. The company has a market cap of $3.52 billion, a price-to-earnings ratio of 3.35, a PEG ratio of 0.09 and a beta of 1.28. The stock has a fifty day moving average price of $1.28 and a 200-day moving average price of $1.35.

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.