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

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 14,300 shares, an increase of 217.8% from the February 29th total of 4,500 shares. Based on an average daily trading volume, of 132,000 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

DLAKY has been the subject of several recent analyst reports. JPMorgan Chase & Co. cut Deutsche Lufthansa from an “overweight” rating to an “underweight” rating in a research report on Thursday, December 7th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Deutsche Lufthansa in a research report on Wednesday. Finally, Barclays reaffirmed an “equal weight” rating on shares of Deutsche Lufthansa in a research note on Monday, February 26th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Deutsche Lufthansa presently has an average rating of “Hold”.

Institutional Investors Weigh In On Deutsche Lufthansa

An institutional investor recently bought a new position in Deutsche Lufthansa stock. OLD Mission Capital LLC acquired a new stake in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 43,040 shares of the transportation company’s stock, valued at approximately $480,000.

Deutsche Lufthansa Price Performance

Shares of Deutsche Lufthansa stock traded up $0.03 during trading on Friday, reaching $7.85. 41,588 shares of the stock traded hands, compared to its average volume of 56,642. The company has a market capitalization of $9.39 billion, a price-to-earnings ratio of 4.63, a P/E/G ratio of 0.84 and a beta of 1.25. Deutsche Lufthansa has a 52-week low of $6.93 and a 52-week high of $11.37. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.85 and a quick ratio of 0.80. The business has a fifty day simple moving average of $7.88 and a two-hundred day simple moving average of $8.12.

Deutsche Lufthansa (OTCMKTS:DLAKY) last announced its quarterly earnings data on Thursday, March 7th. The transportation company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.06. Deutsche Lufthansa had a net margin of 4.76% and a return on equity of 22.19%. The business had revenue of $9.43 billion during the quarter. Sell-side analysts expect that Deutsche Lufthansa will post 1.57 EPS for the current year.

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.