Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Update

Deutsche Lufthansa AG (OTCMKTS:DLAKYGet Rating) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 20,500 shares, a growth of 241.7% from the March 31st total of 6,000 shares. Based on an average daily trading volume, of 90,400 shares, the days-to-cover ratio is currently 0.2 days.

Several equities analysts have weighed in on the company. Exane BNP Paribas lowered Deutsche Lufthansa from a “neutral” rating to an “underperform” rating and set a €5.50 ($5.91) target price on the stock. in a research note on Friday, March 18th. Citigroup raised Deutsche Lufthansa from a “sell” rating to a “buy” rating in a research note on Monday, January 3rd. Deutsche Bank Aktiengesellschaft downgraded Deutsche Lufthansa from a “buy” rating to a “hold” rating in a report on Thursday, March 24th. Sanford C. Bernstein downgraded Deutsche Lufthansa from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 18th. Finally, Barclays increased their price target on Deutsche Lufthansa from €5.20 ($5.59) to €5.70 ($6.13) in a report on Wednesday, January 19th. Seven analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $7.78.

OTCMKTS:DLAKY opened at $7.50 on Thursday. The company has a debt-to-equity ratio of 3.35, a quick ratio of 0.87 and a current ratio of 0.92. The company has a market cap of $4.48 billion, a PE ratio of -1.74 and a beta of 1.14. Deutsche Lufthansa has a 52-week low of $6.01 and a 52-week high of $13.95. The stock has a 50-day simple moving average of $7.74 and a 200 day simple moving average of $7.61.

Deutsche Lufthansa (OTCMKTS:DLAKYGet Rating) last posted its quarterly earnings results on Thursday, March 3rd. The transportation company reported ($0.43) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.20) by ($0.23). The company had revenue of $6.67 billion during the quarter. Deutsche Lufthansa had a negative net margin of 13.25% and a negative return on equity of 64.39%. On average, research analysts predict that Deutsche Lufthansa will post 0.02 earnings per share for the current fiscal year.

About Deutsche Lufthansa (Get Rating)

Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. The company's Network Airlines segment offers passenger services. Its Eurowings segment provides passenger services through a route network of more than 100 destinations in over 50 countries. The company's Logistics Business segment offers transport services for various cargoes, including general cargo, dangerous goods, valuables, vulnerable, perishables, live animals, courier, emergency, airmail/e-commerce, and temperature sensitive goods services approximately 300 destinations in 100 countries.

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