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

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 8,900 shares, an increase of 423.5% from the March 15th total of 1,700 shares. Based on an average daily trading volume, of 27,400 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

Air France-KLM Price Performance

Air France-KLM stock traded down $0.01 during midday trading on Friday, hitting $0.80. The company's stock had a trading volume of 87,509 shares, compared to its average volume of 54,645. The company has a 50-day moving average price of $0.91 and a two-hundred day moving average price of $0.87. Air France-KLM has a 1-year low of $0.70 and a 1-year high of $1.25. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 2.05 and a beta of 1.50.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last issued its quarterly earnings results on Thursday, March 6th. The transportation company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by ($0.05). The company had revenue of $8.40 billion for the quarter, compared to analyst estimates of $7.71 billion. Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%. Sell-side analysts forecast that Air France-KLM will post 0.21 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Morgan Stanley reiterated an "underweight" rating on shares of Air France-KLM in a research note on Friday, March 7th. Barclays downgraded shares of Air France-KLM from a "hold" rating to a "strong sell" rating in a report on Wednesday, January 15th. UBS Group cut shares of Air France-KLM from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Citigroup lowered shares of Air France-KLM from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Finally, Redburn Atlantic upgraded shares of Air France-KLM from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 25th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold".

Air France-KLM Company Profile

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.