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Deutsche Lufthansa AG (OTCMKTS:DLAKY) Sees Large Decline in Short Interest

Deutsche Lufthansa logo with Transportation background
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Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 8,200 shares, a decline of 63.9% from the February 13th total of 22,700 shares. Based on an average trading volume of 117,500 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company's shares are short sold.

Analysts Set New Price Targets

A number of research firms have weighed in on DLAKY. Sanford C. Bernstein upgraded shares of Deutsche Lufthansa from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 12th. Citigroup upgraded shares of Deutsche Lufthansa from a "strong sell" rating to a "strong-buy" rating in a report on Wednesday, January 8th. Finally, Barclays cut shares of Deutsche Lufthansa from a "strong-buy" rating to a "strong sell" rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy".

Get Our Latest Stock Analysis on DLAKY

Deutsche Lufthansa Trading Up 2.3 %

Shares of OTCMKTS DLAKY traded up $0.18 during mid-day trading on Friday, reaching $8.18. The company had a trading volume of 68,437 shares, compared to its average volume of 121,119. The business's 50-day moving average is $6.79 and its 200-day moving average is $6.78. The company has a current ratio of 0.82, a quick ratio of 0.77 and a debt-to-equity ratio of 1.17. The stock has a market cap of $9.80 billion, a price-to-earnings ratio of 9.86, a price-to-earnings-growth ratio of 1.07 and a beta of 1.16. Deutsche Lufthansa has a 52 week low of $5.69 and a 52 week high of $8.78.

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About Deutsche Lufthansa

(Get Free Report)

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.

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