Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Down 88.7% in January

Deutsche Lufthansa AG (OTCMKTS:DLAKYGet Free Report) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 600 shares, a drop of 88.7% from the December 31st total of 5,300 shares. Based on an average daily volume of 151,400 shares, the short-interest ratio is presently 0.0 days.

Deutsche Lufthansa Trading Up 0.9 %

Shares of DLAKY stock traded up $0.06 during mid-day trading on Tuesday, hitting $6.65. The company’s stock had a trading volume of 85,505 shares, compared to its average volume of 181,136. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.77 and a current ratio of 0.82. The company’s fifty day simple moving average is $6.44 and its 200-day simple moving average is $6.58. The company has a market cap of $7.97 billion, a PE ratio of 8.01, a P/E/G ratio of 0.98 and a beta of 1.21. Deutsche Lufthansa has a 52 week low of $5.69 and a 52 week high of $8.50.

Analysts Set New Price Targets

A number of research analysts have issued reports on DLAKY shares. Stifel Nicolaus upgraded Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research report on Thursday, October 17th. Morgan Stanley raised Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a report on Tuesday, November 5th. Citigroup upgraded Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, January 8th. Finally, Barclays raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 1st. Three equities research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Deutsche Lufthansa presently has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Analysis on DLAKY

About Deutsche Lufthansa

(Get Free Report)

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.

See Also

Receive News & Ratings for Deutsche Lufthansa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Lufthansa and related companies with MarketBeat.com's FREE daily email newsletter.