Deutsche Lufthansa (OTCMKTS:DLAKY) Trading 2% Higher - Still a Buy?

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) rose 2% during trading on Thursday . The company traded as high as $7.94 and last traded at $7.94. Approximately 102,648 shares were traded during trading, an increase of 35% from the average daily volume of 76,135 shares. The stock had previously closed at $7.79.

Analyst Upgrades and Downgrades

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 investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy".

Deutsche Lufthansa Stock Up 2.0%

The firm has a 50 day simple moving average of $7.53 and a two-hundred day simple moving average of $7.11. The stock has a market capitalization of $9.51 billion, a P/E ratio of 6.96, a PEG ratio of 1.43 and a beta of 1.16. The company has a quick ratio of 0.75, a current ratio of 0.83 and a debt-to-equity ratio of 0.98.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last announced its quarterly earnings data 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). Deutsche Lufthansa had a return on equity of 12.03% and a net margin of 3.31%. The business had revenue of $9.25 billion for the quarter, compared to the consensus estimate of $7.93 billion. On average, equities research analysts expect that Deutsche Lufthansa AG will post 0.87 earnings per share for the current year.

Deutsche Lufthansa Increases Dividend

The business also recently declared a dividend, which was paid on Friday, May 16th. Stockholders of record on Friday, May 9th were paid a $0.2226 dividend. This is an increase from Deutsche Lufthansa's previous dividend of $0.22. This represents a dividend yield of 3.09%. The ex-dividend date of this dividend was Thursday, May 8th. Deutsche Lufthansa's dividend payout ratio (DPR) is presently 19.30%.

Institutional Trading of Deutsche Lufthansa

A hedge fund recently raised its stake in Deutsche Lufthansa stock. GAMMA Investing LLC increased its position in Deutsche Lufthansa AG (OTCMKTS:DLAKY - Free Report) by 11,248.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,809 shares of the transportation company's stock after buying 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 and Exchange Commission (SEC).

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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