Short Interest in Air France-KLM SA (OTCMKTS:AFLYY) Drops By 28.6%

Air France-KLM SA (OTCMKTS:AFLYY) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 26,200 shares, a decrease 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.

Analyst Ratings Changes

A number of brokerages have issued reports on AFLYY. Hsbc Global Res raised Air France-KLM to a “hold” rating in a research note on Friday, July 12th. HSBC cut Air France-KLM from a “buy” rating to a “hold” rating in a research note on Friday, July 12th. BNP Paribas upgraded shares of Air France-KLM from an “underperform” rating to a “neutral” rating in a research report on Thursday, September 19th. Finally, Barclays raised shares of Air France-KLM to a “hold” rating in a report on Monday, October 7th.

Air France-KLM Stock Performance

Air France-KLM stock opened at $1.01 on Friday. The firm has a market cap of $649.06 million, a price-to-earnings ratio of 2.59 and a beta of 1.69. Air France-KLM has a 1 year low of $0.77 and a 1 year high of $1.65. The firm’s 50 day moving average price is $0.91 and its two-hundred day moving average price is $0.97.

Air France-KLM (OTCMKTS:AFLYY) last released its quarterly earnings data on Thursday, July 25th. The transportation company reported $0.04 earnings per share for the quarter. The business had revenue of $8.56 billion during the quarter. Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%. As a group, equities analysts predict 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.