Deutsche Lufthansa (OTCMKTS:DLAKY) Shares Gap Down - What's Next?

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $8.39, but opened at $8.16. Deutsche Lufthansa shares last traded at $8.13, with a volume of 586 shares traded.

Analyst Ratings Changes

Separately, Barclays lowered Deutsche Lufthansa from a "strong-buy" rating to a "strong sell" rating in a report on Wednesday, March 12th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".

Deutsche Lufthansa Price Performance

The stock has a market cap of $9.80 billion, a PE ratio of 7.18, a P/E/G ratio of 1.45 and a beta of 1.16. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.83 and a quick ratio of 0.75. The firm's 50 day moving average price is $7.61 and its two-hundred day moving average price is $7.14.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The transportation company reported ($0.78) earnings per share for the quarter, missing the consensus estimate of ($0.61) by ($0.17). The company had revenue of $9.25 billion for the quarter, compared to the consensus estimate of $7.93 billion. Deutsche Lufthansa had a net margin of 3.31% and a return on equity of 12.03%. On average, research analysts expect that Deutsche Lufthansa AG will post 0.87 earnings per share 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%. This is a boost from Deutsche Lufthansa's previous dividend of $0.22. The ex-dividend date of this dividend was Thursday, May 8th. Deutsche Lufthansa's payout ratio is presently 19.30%.

Institutional Investors Weigh In On Deutsche Lufthansa

An institutional investor recently raised its position in Deutsche Lufthansa stock. GAMMA Investing LLC boosted its position in Deutsche Lufthansa AG (OTCMKTS:DLAKY - Free Report) by 11,248.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 as of its most recent filing with the Securities & Exchange Commission.

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.

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