Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Update

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 3,100 shares, a drop of 62.2% from the February 28th total of 8,200 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 267,300 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on DLAKY shares. Barclays cut Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, March 12th. Citigroup upgraded Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, January 8th. Finally, Sanford C. Bernstein raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 12th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Deutsche Lufthansa Trading Down 2.9 %

Shares of DLAKY traded down $0.23 during mid-day trading on Friday, reaching $7.52. 37,367 shares of the company’s stock traded hands, compared to its average volume of 108,356. Deutsche Lufthansa has a 12 month low of $5.69 and a 12 month high of $8.78. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.82 and a quick ratio of 0.77. The stock has a market cap of $9.01 billion, a P/E ratio of 9.06, a P/E/G ratio of 1.07 and a beta of 1.16. The stock’s 50-day moving average is $7.20 and its two-hundred day moving average is $6.88.

About Deutsche Lufthansa

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.