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Deutsche Lufthansa (OTCMKTS:DLAKY) Hits New 52-Week Low - Here's Why

Deutsche Lufthansa logo with Transportation background

Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $5.69 and last traded at $5.73, with a volume of 270037 shares traded. The stock had previously closed at $5.81.

Analysts Set New Price Targets

DLAKY has been the subject of several recent analyst reports. Stifel Nicolaus raised shares of Deutsche Lufthansa from a "sell" rating to a "hold" rating in a report on Thursday, October 17th. Barclays upgraded shares of Deutsche Lufthansa from a "hold" rating to a "strong-buy" rating in a report on Tuesday, October 1st. Citigroup upgraded Deutsche Lufthansa from a "strong sell" rating to a "strong-buy" rating in a research report on Wednesday, January 8th. Finally, Morgan Stanley upgraded Deutsche Lufthansa from an "underweight" rating to an "equal weight" rating in a research report on Tuesday, November 5th. Three research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy".

Read Our Latest Analysis on DLAKY

Deutsche Lufthansa Stock Performance

The stock has a market capitalization of $7.05 billion, a P/E ratio of 7.08, a P/E/G ratio of 1.36 and a beta of 1.21. The business's fifty day moving average price is $6.55 and its two-hundred day moving average price is $6.60.

Deutsche Lufthansa Company Profile

(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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