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

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

Wall Street Analyst Weigh In

Separately, Barclays cut Deutsche Lufthansa from a "strong-buy" rating to a "strong sell" rating in a research note on Wednesday, March 12th. One equities research 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 stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy".

Deutsche Lufthansa Stock Up 0.0%

The company has a 50 day moving average price of $7.56 and a two-hundred day moving average price of $7.12. 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 stock has a market cap of $9.40 billion, a PE ratio of 6.88, a PEG ratio of 1.44 and a beta of 1.16.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last posted 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 business had revenue of $9.25 billion during the quarter, compared to analysts' expectations of $7.93 billion. Deutsche Lufthansa had a return on equity of 12.03% and a net margin of 3.31%. Analysts expect that Deutsche Lufthansa AG will post 0.87 EPS for the current year.

Deutsche Lufthansa Increases Dividend

The company also recently disclosed 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 of this dividend was Thursday, May 8th. This is a boost 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 boosted its position in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY - Free Report) by 11,248.3% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. 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 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.