Deutsche Lufthansa (OTCMKTS:DLAKY) Shares Gap Down - Should You Sell?

Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $8.58, but opened at $8.19. Deutsche Lufthansa shares last traded at $8.43, with a volume of 1,046 shares traded.

Analyst Ratings Changes

A number of research analysts recently issued reports on DLAKY shares. Sanford C. Bernstein downgraded shares of Deutsche Lufthansa from an "outperform" rating to a "market perform" rating in a research note on Wednesday, July 2nd. Barclays cut Deutsche Lufthansa from a "strong-buy" rating to a "strong sell" rating in a research report on Wednesday, March 12th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold".

Deutsche Lufthansa Price Performance

The firm has a market capitalization of $10.48 billion, a PE ratio of 7.67, a P/E/G ratio of 1.54 and a beta of 1.16. The company has a 50-day moving average price of $7.93 and a 200-day moving average price of $7.28. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.80 and a quick ratio of 0.72.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last announced its earnings results on Tuesday, April 29th. The transportation company reported ($0.78) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.61) by ($0.17). The firm had revenue of $9.25 billion for the quarter, compared to analyst estimates of $7.93 billion. Deutsche Lufthansa had a return on equity of 12.11% and a net margin of 3.31%. Sell-side analysts forecast that Deutsche Lufthansa AG will post 0.87 EPS for the current year.

Deutsche Lufthansa Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, May 16th. Investors of record on Friday, May 9th were given a dividend of $0.2226 per share. This represents a yield of 3.09%. The ex-dividend date was Thursday, May 8th. This is an increase from Deutsche Lufthansa's previous dividend of $0.22. Deutsche Lufthansa's dividend payout ratio is 19.30%.

Institutional Trading of Deutsche Lufthansa

An institutional investor recently raised its position in Deutsche Lufthansa stock. GAMMA Investing LLC increased its position in Deutsche Lufthansa AG (OTCMKTS:DLAKY - Free Report) by 11,248.3% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,809 shares of the transportation company's stock after purchasing an additional 6,749 shares during the period. GAMMA Investing LLC's holdings in Deutsche Lufthansa were worth $50,000 at the end of the most recent reporting period.

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.