HSBC cut shares of Air France-KLM (OTCMKTS:AFLYY – Free Report) from a buy rating to a hold rating in a research note issued to investors on Friday, Marketbeat reports.
Air France-KLM Stock Down 1.5 %
AFLYY opened at $0.84 on Friday. The company has a 50-day simple moving average of $1.06 and a 200 day simple moving average of $1.16. Air France-KLM has a twelve month low of $0.83 and a twelve month high of $1.91.
Air France-KLM (OTCMKTS:AFLYY – Get Free Report) last posted its quarterly earnings results on Tuesday, April 30th. The transportation company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by ($0.02). Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%. The firm had revenue of $7.22 billion for the quarter. Sell-side analysts anticipate that Air France-KLM will post 0.23 EPS for the current 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.
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