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

Deutsche Lufthansa AG (OTCMKTS:DLAKYGet Free Report) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 42,700 shares, an increase of 40.0% from the October 15th total of 30,500 shares. Based on an average daily volume of 87,300 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Upgrades and Downgrades

DLAKY has been the topic of a number of recent research reports. Morgan Stanley raised Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, November 5th. Barclays raised Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 1st. Citigroup cut shares of Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday, October 15th. Finally, Stifel Nicolaus raised shares of Deutsche Lufthansa from a “sell” rating to a “hold” rating in a report on Thursday, October 17th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Deutsche Lufthansa currently has an average rating of “Hold”.

View Our Latest Research Report on Deutsche Lufthansa

Deutsche Lufthansa Stock Up 5.5 %

DLAKY traded up $0.36 during midday trading on Friday, hitting $6.85. The company had a trading volume of 58,234 shares, compared to its average volume of 65,158. The stock’s 50 day moving average price is $6.92 and its 200 day moving average price is $6.72. Deutsche Lufthansa has a 52 week low of $6.05 and a 52 week high of $9.27. The company has a market capitalization of $8.21 billion, a price-to-earnings ratio of 8.25, a PEG ratio of 1.24 and a beta of 1.24.

Deutsche Lufthansa Company Profile

(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.

Featured Articles

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.