Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Update

Deutsche Lufthansa AG (OTCMKTS:DLAKY) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 5,300 shares, a drop of 64.9% from the November 30th total of 15,100 shares. Based on an average daily volume of 138,800 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Morgan Stanley upgraded Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, November 5th. Barclays upgraded Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 1st. Stifel Nicolaus upgraded shares of Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research report on Thursday, October 17th. Finally, Citigroup downgraded shares of Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday, October 15th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Deutsche Lufthansa Trading Down 0.5 %

Shares of DLAKY traded down $0.03 during mid-day trading on Thursday, hitting $6.55. The company’s stock had a trading volume of 77,853 shares, compared to its average volume of 65,254. Deutsche Lufthansa has a 1-year low of $6.05 and a 1-year high of $8.91. The firm has a market capitalization of $7.85 billion, a P/E ratio of 7.89, a P/E/G ratio of 1.32 and a beta of 1.21. The firm has a 50-day simple moving average of $6.78 and a 200 day simple moving average of $6.62.

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.