Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Update

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the target of a significant drop in short interest during the month of 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. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 267,300 shares, the short-interest ratio is currently 0.0 days.

Deutsche Lufthansa Trading Down 2.3 %

Shares of DLAKY stock opened at $7.79 on Thursday. The firm has a fifty day moving average of $7.14 and a 200-day moving average of $6.87. The stock has a market cap of $9.33 billion, a price-to-earnings ratio of 9.38, a P/E/G 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. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.77 and a current ratio of 0.82.

Analyst Upgrades and Downgrades

DLAKY has been the subject of a number of research reports. Sanford C. Bernstein raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 12th. Barclays downgraded Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a research report on Wednesday, March 12th. Finally, Citigroup raised Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Deutsche Lufthansa Company Profile

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.