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

Defense World ·  Aug 15, 2022 02:01

Air France-KLM SA (OTCMKTS:AFLYY – Get Rating) was the target of a large increase in short interest in July. As of July 31st, there was short interest totalling 134,700 shares, an increase of 6.1% from the July 15th total of 126,900 shares. Based on an average trading volume of 137,900 shares, the short-interest ratio is presently 1.0 days.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on AFLYY shares. Deutsche Bank Aktiengesellschaft raised Air France-KLM from a "sell" rating to a "hold" rating in a research report on Friday, June 24th. Barclays dropped their target price on Air France-KLM from €4.60 ($4.69) to €4.00 ($4.08) and set an "equal weight" rating on the stock in a research report on Friday, April 22nd. Morgan Stanley dropped their target price on Air France-KLM from €2.02 ($2.06) to €1.70 ($1.73) in a research report on Tuesday, May 31st. Oddo Bhf raised Air France-KLM from a "neutral" rating to an "outperform" rating in a research report on Monday, August 1st. Finally, Berenberg Bank dropped their target price on Air France-KLM from €3.10 ($3.16) to €1.10 ($1.12) and set a "sell" rating on the stock in a research report on Tuesday, June 7th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $2.93.

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Air France-KLM Stock Up 0.3 %

Shares of AFLYY opened at $1.60 on Monday. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.90 and a quick ratio of 0.86. Air France-KLM has a one year low of $1.15 and a one year high of $5.56. The stock's fifty day moving average is $1.98 and its 200-day moving average is $3.49.

Air France-KLM (OTCMKTS:AFLYY – Get Rating) last issued its quarterly earnings results on Friday, July 29th. The transportation company reported $0.04 EPS for the quarter, beating analysts' consensus estimates of ($0.03) by $0.07. The business had revenue of $7.15 billion for the quarter. Analysts forecast that Air France-KLM will post -0.16 EPS for the current year.

Air France-KLM Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, June 28th. Investors of record on Thursday, June 30th were paid a dividend of $1.5641 per share. The ex-dividend date of this dividend was Wednesday, June 29th. This represents a yield of 49.65%.

Air France-KLM Company Profile

(Get Rating)

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services on scheduled flights in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through Network, Maintenance, Transavia, and Other segments. It also offers airframe and engine maintenance services; component support services comprising electronic, mechanical, pneumatic, hydraulic, etc.; and other services, as well as operates point-to-point flights to/from the Netherlands and France.

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