Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $7.92, but opened at $8.34. Deutsche Lufthansa shares last traded at $8.34, with a volume of 14,636 shares changing hands.
Analyst Ratings Changes
Separately, Barclays downgraded shares of Deutsche Lufthansa from a "strong-buy" rating to a "strong sell" rating in a report on Wednesday, March 12th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Deutsche Lufthansa presently has an average rating of "Moderate Buy".
View Our Latest Analysis on DLAKY
Deutsche Lufthansa Stock Performance
The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.75 and a current ratio of 0.83. The firm has a 50 day moving average price of $7.63 and a two-hundred day moving average price of $7.15. The company has a market capitalization of $9.90 billion, a P/E ratio of 7.36, a price-to-earnings-growth ratio of 1.53 and a beta of 1.16.
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 analysts' consensus estimates of ($0.61) by ($0.17). Deutsche Lufthansa had a net margin of 3.31% and a return on equity of 12.03%. The company had revenue of $9.25 billion during the quarter, compared to the consensus estimate of $7.93 billion. On average, research analysts expect that Deutsche Lufthansa AG will post 0.87 earnings per share for the current fiscal year.
Deutsche Lufthansa Increases Dividend
The company also recently announced a dividend, which was paid on Friday, May 16th. Stockholders of record on Friday, May 9th were issued a $0.2226 dividend. This is a positive change from Deutsche Lufthansa's previous dividend of $0.22. The ex-dividend date was Thursday, May 8th. This represents a dividend yield of 3.09%. Deutsche Lufthansa's dividend payout ratio is presently 19.30%.
Institutional Trading of Deutsche Lufthansa
An institutional investor recently raised its position in Deutsche Lufthansa stock. GAMMA Investing LLC increased its stake 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 & Exchange Commission. The institutional investor owned 6,809 shares of the transportation company's stock after buying 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 quarter.
About Deutsche Lufthansa
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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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