Air France-KLM SA (OTCMKTS:AFLYY) Sees Large Growth in Short Interest

Air France-KLM SA (OTCMKTS:AFLYY) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 37,371 shares, an increase of 1,733.7% from the December 31st total of 2,038 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 92,480 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 92,480 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are sold short.

Air France-KLM Price Performance

Shares of Air France-KLM stock opened at $1.20 on Wednesday. Air France-KLM has a 52 week low of $0.75 and a 52 week high of $1.76. The company has a current ratio of 0.65, a quick ratio of 0.60 and a debt-to-equity ratio of 5.64. The stock has a market cap of $3.15 billion, a PE ratio of 3.00, a price-to-earnings-growth ratio of 0.08 and a beta of 1.28. The company’s 50-day moving average price is $1.25 and its two-hundred day moving average price is $1.35.

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

Wall Street Analysts Forecast Growth

AFLYY has been the subject of a number of research reports. Royal Bank Of Canada initiated coverage on Air France-KLM in a research note on Tuesday, January 20th. They issued a “hold” rating for the company. JPMorgan Chase & Co. upgraded Air France-KLM from a “neutral” rating to an “overweight” rating in a research note on Monday, December 1st. Barclays lowered Air France-KLM from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, January 14th. Citigroup reissued a “neutral” rating on shares of Air France-KLM in a report on Thursday, December 11th. Finally, Morgan Stanley began coverage on shares of Air France-KLM in a research report on Wednesday, October 15th. They set an “equal weight” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus 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.