Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 81,700 shares, a growth of 1,084.1% from the September 15th total of 6,900 shares. Based on an average daily volume of 168,400 shares, the short-interest ratio is presently 0.5 days.
Deutsche Lufthansa stock opened at $10.41 on Thursday. Deutsche Lufthansa has a twelve month low of $8.27 and a twelve month high of $15.56. The firm has a 50 day moving average price of $10.25 and a 200-day moving average price of $11.75. The company has a market capitalization of $6.22 billion, a P/E ratio of -0.98 and a beta of 1.35. The company has a quick ratio of 0.74, a current ratio of 0.78 and a debt-to-equity ratio of 4.22.
Deutsche Lufthansa (OTCMKTS:DLAKY) last released its quarterly earnings data on Tuesday, August 3rd. The transportation company reported ($1.52) EPS for the quarter. Deutsche Lufthansa had a negative return on equity of 198.47% and a negative net margin of 44.35%. The business had revenue of $3.87 billion during the quarter. Equities analysts expect that Deutsche Lufthansa will post -4.65 EPS for the current fiscal year.
DLAKY has been the topic of several research reports. UBS Group reiterated a “sell” rating on shares of Deutsche Lufthansa in a report on Thursday, September 30th. The Goldman Sachs Group upgraded shares of Deutsche Lufthansa from a “sell” rating to a “neutral” rating in a report on Wednesday, September 22nd. Zacks Investment Research lowered shares of Deutsche Lufthansa from a “hold” rating to a “sell” rating in a report on Tuesday, July 13th. HSBC assumed coverage on shares of Deutsche Lufthansa in a report on Tuesday. They issued a “hold” rating on the stock. Finally, Morgan Stanley set a $11.96 target price on shares of Deutsche Lufthansa and gave the stock an “underweight” rating in a report on Monday, July 12th. Ten equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. Based on data from MarketBeat.com, Deutsche Lufthansa currently has an average rating of “Sell” and a consensus price target of $13.98.
Deutsche Lufthansa Company Profile
Deutsche Lufthansa AG engages in the provision of passenger, freight, and cargo airline services. It operates through the following segments: Network Airlines, Eurowings, Logistics, Maintenance Repair Overhaul, Catering and Additional Businesses and Group Functions. The Network Airlines segment comprises Lufthansa German Airlines, SWISS, and Austrian Airlines.
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