Deutsche Lufthansa AG (OTCMKTS:DLAKY) Sees Large Growth in Short Interest

Deutsche Lufthansa AG (OTCMKTS:DLAKY) saw a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 8,639 shares, an increase of 80.8% from the February 12th total of 4,779 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 131,827 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 131,827 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Deutsche Lufthansa Trading Down 4.3%

Shares of Deutsche Lufthansa stock opened at $9.04 on Friday. The stock has a market cap of $10.84 billion, a PE ratio of 6.65, a price-to-earnings-growth ratio of 0.48 and a beta of 0.84. The firm has a fifty day moving average price of $10.29 and a 200 day moving average price of $9.47. Deutsche Lufthansa has a 1 year low of $6.21 and a 1 year high of $11.29. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.85 and a quick ratio of 0.77.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its quarterly earnings results on Friday, March 6th. The transportation company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.02). The business had revenue of $11.52 billion during the quarter, compared to analysts’ expectations of $11.38 billion. Deutsche Lufthansa had a net margin of 3.63% and a return on equity of 13.47%. Equities research analysts predict that Deutsche Lufthansa will post 0.87 earnings per share for the current year.

Wall Street Analyst Weigh In

DLAKY has been the subject of a number of research analyst reports. Morgan Stanley raised shares of Deutsche Lufthansa from an “underweight” rating to an “overweight” rating in a report on Wednesday, January 7th. JPMorgan Chase & Co. raised Deutsche Lufthansa from an “underweight” rating to a “neutral” rating in a research report on Monday, December 1st. Zacks Research lowered Deutsche Lufthansa from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Kepler Capital Markets upgraded Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th. Finally, Barclays raised Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold”.

Deutsche Lufthansa Company Profile

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.