Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Update

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 75,974 shares, a decrease of 43.8% from the May 31st total of 135,289 shares. Based on an average trading volume of 272,061 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on DLAKY shares. Morgan Stanley cut Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, May 26th. The Goldman Sachs Group cut Deutsche Lufthansa from a “neutral” rating to a “sell” rating in a report on Friday, March 20th. Barclays lowered shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a report on Friday, May 8th. Finally, Zacks Research raised shares of Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a research report on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Deutsche Lufthansa stock. Sterling Capital Management LLC acquired a new stake in Deutsche Lufthansa AG (OTCMKTS:DLAKY) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 24,628 shares of the transportation company’s stock, valued at approximately $204,000.

Deutsche Lufthansa Trading Down 3.0%

Shares of DLAKY stock traded down $0.34 on Wednesday, hitting $11.06. The stock had a trading volume of 25,899 shares, compared to its average volume of 228,009. The company’s 50 day moving average price is $9.63 and its 200-day moving average price is $9.76. Deutsche Lufthansa has a 1 year low of $7.91 and a 1 year high of $11.40. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.81 and a quick ratio of 0.73. The firm has a market capitalization of $13.29 billion, a P/E ratio of 7.37, a P/E/G ratio of 1.28 and a beta of 0.97.

Deutsche Lufthansa (OTCMKTS:DLAKY) last announced its earnings results on Wednesday, May 6th. The transportation company reported ($0.64) EPS for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.35). The firm had revenue of $10.28 billion for the quarter, compared to analysts’ expectations of $10.29 billion. Deutsche Lufthansa had a net margin of 3.83% and a return on equity of 13.46%. Analysts anticipate that Deutsche Lufthansa will post 1.15 earnings per share for the current year.

About Deutsche Lufthansa

Deutsche Lufthansa AG is a leading global aviation company headquartered in Cologne, Germany, and is recognized as one of the world’s largest airline groups. Founded in its modern form in 1953, the company traces its heritage back to the original Deutsche Luft Hansa established in 1926. Lufthansa operates passenger and cargo services under its flagship brand, as well as through numerous subsidiaries including Swiss International Air Lines, Austrian Airlines, Brussels Airlines and the low-cost carrier Eurowings.

The group’s passenger network spans Europe, the Americas, Asia, Africa and the Middle East, with primary hubs at Frankfurt Airport and Munich Airport.