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

Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 3,100 shares, a drop of 62.2% from the February 28th total of 8,200 shares. Based on an average trading volume of 267,300 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company's shares are short sold.

Deutsche Lufthansa Stock Down 2.9 %

Shares of OTCMKTS DLAKY traded down $0.23 during mid-day trading on Friday, reaching $7.52. The company had a trading volume of 37,367 shares, compared to its average volume of 108,356. Deutsche Lufthansa has a twelve month low of $5.69 and a twelve month high of $8.78. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.77 and a current ratio of 0.82. The stock's 50 day moving average is $7.20 and its 200-day moving average is $6.89. The stock has a market capitalization of $9.01 billion, a PE ratio of 9.06, a price-to-earnings-growth ratio of 1.07 and a beta of 1.16.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Citigroup upgraded shares of Deutsche Lufthansa from a "strong sell" rating to a "strong-buy" rating in a research report on Wednesday, January 8th. Barclays downgraded shares of Deutsche Lufthansa from a "strong-buy" rating to a "strong sell" rating in a research note on Wednesday, March 12th. Finally, Sanford C. Bernstein raised Deutsche Lufthansa from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy".

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About Deutsche Lufthansa

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.