Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Up 326.5% in April

Deutsche Lufthansa AG (OTCMKTS:DLAKYGet Free Report) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 82,615 shares, a growth of 326.5% from the April 15th total of 19,371 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 628,536 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Deutsche Lufthansa

An institutional investor recently bought a new position in Deutsche Lufthansa stock. Sterling Capital Management LLC purchased a new position in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKYFree Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 24,628 shares of the transportation company’s stock, valued at approximately $204,000.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on DLAKY shares. The Goldman Sachs Group lowered shares of Deutsche Lufthansa from a “neutral” rating to a “sell” rating in a research report on Friday, March 20th. Barclays lowered shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research note on Friday, May 8th. Finally, Zacks Research cut Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Deutsche Lufthansa has an average rating of “Hold”.

Get Our Latest Stock Analysis on Deutsche Lufthansa

Deutsche Lufthansa Trading Down 1.2%

DLAKY stock traded down $0.12 during mid-day trading on Wednesday, hitting $9.72. 35,919 shares of the company were exchanged, compared to its average volume of 245,886. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 1.03. The firm has a market capitalization of $11.66 billion, a P/E ratio of 6.48, a PEG ratio of 1.10 and a beta of 0.92. The business has a fifty day simple moving average of $9.06 and a 200-day simple moving average of $9.54. Deutsche Lufthansa has a 12-month low of $7.21 and a 12-month high of $11.29.

Deutsche Lufthansa (OTCMKTS:DLAKYGet Free Report) last announced its earnings results on Wednesday, May 6th. The transportation company reported ($0.64) earnings per share for the quarter, missing the consensus estimate of ($0.29) by ($0.35). The company had revenue of $10.28 billion for the quarter, compared to analysts’ expectations of $10.29 billion. Deutsche Lufthansa had a return on equity of 13.91% and a net margin of 3.83%. On average, equities research analysts predict that Deutsche Lufthansa will post 1.15 earnings per share for the current fiscal year.

Deutsche Lufthansa Company Profile

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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.

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