Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report)'s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.88 and traded as low as $6.66. Deutsche Lufthansa shares last traded at $6.68, with a volume of 35,594 shares changing hands.
Wall Street Analyst Weigh In
DLAKY has been the topic of several research reports. Stifel Nicolaus raised Deutsche Lufthansa from a "sell" rating to a "hold" rating in a research report on Thursday, October 17th. Morgan Stanley lowered shares of Deutsche Lufthansa from an "equal weight" rating to an "underweight" rating in a research report on Wednesday, July 10th. Citigroup downgraded shares of Deutsche Lufthansa from a "strong-buy" rating to a "strong sell" rating in a research report on Tuesday, October 15th. Finally, Barclays raised shares of Deutsche Lufthansa from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, October 1st. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Deutsche Lufthansa has an average rating of "Hold".
View Our Latest Report on Deutsche Lufthansa
Deutsche Lufthansa Trading Down 2.8 %
The company has a market cap of $8.00 billion, a P/E ratio of 8.05, a PEG ratio of 1.68 and a beta of 1.24. The business's 50 day simple moving average is $6.89 and its 200 day simple moving average is $6.75.
Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last released its earnings results on Tuesday, July 30th. The transportation company reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.44 by ($0.02). The firm had revenue of $10.77 billion for the quarter. Deutsche Lufthansa had a net margin of 2.46% and a return on equity of 11.45%. Sell-side analysts anticipate that Deutsche Lufthansa AG will post 0.88 EPS for the current year.
Deutsche Lufthansa Company Profile
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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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