Air France-KLM (OTCMKTS:AFLYY) Hits New 1-Year High – Time to Buy?

Air France-KLM SA (OTCMKTS:AFLYY) reached a new 52-week high during trading on Thursday . The stock traded as high as $1.25 and last traded at $1.22, with a volume of 649722 shares trading hands. The stock had previously closed at $0.93.

Wall Street Analysts Forecast Growth

AFLYY has been the topic of a number of research reports. Barclays downgraded shares of Air France-KLM from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 15th. Citigroup downgraded shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating and four have given a hold rating to the stock. According to data from MarketBeat, Air France-KLM currently has a consensus rating of “Hold”.

Air France-KLM Stock Performance

The company has a market capitalization of $3.19 billion, a PE ratio of 3.12 and a beta of 1.58. The company’s fifty day moving average is $0.82 and its 200-day moving average is $0.86.

Air France-KLM (OTCMKTS:AFLYY) last announced its quarterly earnings data 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). Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%. The firm had revenue of $8.40 billion during the quarter, compared to analysts’ expectations of $7.71 billion. On average, sell-side analysts expect that Air France-KLM SA will post 0.21 EPS for the current fiscal year.

About Air France-KLM

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.