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

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 26,200 shares, a drop of 28.6% from the September 30th total of 36,700 shares. Based on an average daily volume of 101,500 shares, the short-interest ratio is presently 0.3 days.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on AFLYY shares. HSBC downgraded Air France-KLM from a "buy" rating to a "hold" rating in a report on Friday, July 12th. Barclays upgraded Air France-KLM to a "hold" rating in a research note on Monday, October 7th. Hsbc Global Res raised Air France-KLM to a "hold" rating in a research note on Friday, July 12th. Finally, BNP Paribas upgraded Air France-KLM from an "underperform" rating to a "neutral" rating in a research report on Thursday, September 19th.

Air France-KLM Stock Performance

Shares of OTCMKTS:AFLYY traded up $0.06 during midday trading on Friday, hitting $1.01. 7,773 shares of the company's stock traded hands, compared to its average volume of 47,264. The firm's fifty day moving average price is $0.91 and its two-hundred day moving average price is $0.97. Air France-KLM has a twelve month low of $0.77 and a twelve month high of $1.65. The company has a market cap of $649.06 million, a PE ratio of 2.59 and a beta of 1.69.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last issued its quarterly earnings results on Thursday, July 25th. The transportation company reported $0.04 EPS for the quarter. Air France-KLM had a net margin of 2.47% and a negative return on equity of 53.38%. The business had revenue of $8.56 billion for the quarter. As a group, equities research analysts anticipate that Air France-KLM will post 0.21 EPS for the current fiscal year.

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.