Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report)'s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty 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 trading hands.
Analysts Set New Price Targets
A number of brokerages have weighed in on DLAKY. Citigroup lowered Deutsche Lufthansa from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, October 15th. Morgan Stanley lowered Deutsche Lufthansa from an "equal weight" rating to an "underweight" rating in a report on Wednesday, July 10th. Stifel Nicolaus upgraded Deutsche Lufthansa from a "sell" rating to a "hold" rating in a report on Thursday, October 17th. Finally, Barclays upgraded Deutsche Lufthansa from a "hold" rating to a "strong-buy" rating in a report on Tuesday, October 1st. Three analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Deutsche Lufthansa presently has an average rating of "Hold".
Read Our Latest Research Report on DLAKY
Deutsche Lufthansa Stock Performance
The firm has a market capitalization of $8.00 billion, a price-to-earnings ratio of 8.05, a P/E/G ratio of 1.68 and a beta of 1.24. The business has a 50 day simple moving average of $6.89 and a 200-day simple moving average of $6.75.
Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last issued its earnings results on Tuesday, July 30th. The transportation company reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by ($0.02). Deutsche Lufthansa had a return on equity of 11.45% and a net margin of 2.46%. The company had revenue of $10.77 billion during the quarter. Equities analysts predict that Deutsche Lufthansa AG will post 0.88 earnings per share for the current fiscal year.
About Deutsche Lufthansa
(
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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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