Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) hit a new 52-week high on Thursday . The company traded as high as $9.24 and last traded at $9.21, with a volume of 77272 shares trading hands. The stock had previously closed at $8.84.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on DLAKY shares. DZ Bank upgraded shares of Deutsche Lufthansa from a "strong sell" rating to a "hold" rating in a research note on Friday, August 1st. Sanford C. Bernstein cut shares of Deutsche Lufthansa from an "outperform" rating to a "market perform" rating in a research note on Wednesday, July 2nd. Finally, Barclays upgraded shares of Deutsche Lufthansa from an "underweight" rating to an "equal weight" rating in a research report on Monday, August 4th. Five analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold".
Check Out Our Latest Stock Report on Deutsche Lufthansa
Deutsche Lufthansa Price Performance
The stock has a 50 day moving average of $8.50 and a two-hundred day moving average of $7.69. The stock has a market cap of $11.14 billion, a PE ratio of 5.56, a PEG ratio of 1.44 and a beta of 1.23. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.72 and a current ratio of 0.80.
Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The transportation company reported $0.95 earnings per share for the quarter, topping analysts' consensus estimates of $0.50 by $0.45. The firm had revenue of $11.85 billion for the quarter, compared to analysts' expectations of $11.81 billion. Deutsche Lufthansa had a return on equity of 17.23% and a net margin of 4.76%. Equities analysts anticipate that Deutsche Lufthansa AG will post 0.87 EPS for the current year.
Hedge Funds Weigh In On Deutsche Lufthansa
An institutional investor recently raised its position in Deutsche Lufthansa stock. GAMMA Investing LLC raised its holdings in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY - Free Report) by 11,248.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,809 shares of the transportation company's stock after acquiring an additional 6,749 shares during the quarter. GAMMA Investing LLC's holdings in Deutsche Lufthansa were worth $50,000 at the end of the most recent quarter.
Deutsche Lufthansa Company Profile
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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.
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