Deutsche Lufthansa (OTCMKTS:DLAKY) Stock Crosses Below Fifty Day Moving Average - Should You Sell?

Key Points

• Deutsche Lufthansa shares fell below their 50-day moving average, trading as low as $9.24 versus the $10.18 average, and last changing hands at $9.28.
• Analyst sentiment is broadly negative: one analyst rates the stock a Strong Buy, two rate it Hold and four rate it Sell, resulting in a consensus rating of “Reduce.”
• The company reported quarterly EPS of $0.13, missing the $0.34 consensus estimate, although revenue of $12.84 billion slightly exceeded expectations.

Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $10.18 and traded as low as $9.24. Deutsche Lufthansa shares last traded at $9.28, with a volume of 132,822 shares changing hands.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on DLAKY shares. Zacks Research raised shares of Deutsche Lufthansa from a "strong sell" rating to a "hold" rating in a report on Monday, June 15th. Citigroup downgraded shares of Deutsche Lufthansa from a "hold" rating to a "strong sell" rating in a research note on Wednesday, July 8th. Morgan Stanley cut shares of Deutsche Lufthansa from an "equal weight" rating to an "underweight" rating in a research note on Tuesday, May 26th. Finally, Barclays downgraded Deutsche Lufthansa from an "equal weight" rating to an "underweight" rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Reduce".

Deutsche Lufthansa Trading Down 0.7%

The firm has a 50-day moving average of $10.18 and a 200 day moving average of $9.74. The company has a market cap of $11.16 billion, a P/E ratio of 13.85, a price-to-earnings-growth ratio of 0.58 and a beta of 0.96. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.94.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The transportation company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by ($0.21). The business had revenue of $12.84 billion for the quarter, compared to the consensus estimate of $12.76 billion. Deutsche Lufthansa had a return on equity of 5.79% and a net margin of 1.63%. On average, analysts predict that Deutsche Lufthansa AG will post 1 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Deutsche Lufthansa

A number of large investors have recently bought and sold shares of the stock. Fulton Bank N.A. bought a new position in shares of Deutsche Lufthansa during the 2nd quarter worth about $120,000. GAMMA Investing LLC increased its position in shares of Deutsche Lufthansa by 52.1% during the second quarter. GAMMA Investing LLC now owns 13,943 shares of the transportation company's stock worth $159,000 after acquiring an additional 4,779 shares in the last quarter. Finally, Sterling Capital Management LLC acquired a new stake in shares of Deutsche Lufthansa in the 1st quarter worth about $204,000.

About Deutsche Lufthansa

Deutsche Lufthansa AG is a leading global aviation company headquartered in Cologne, Germany, and is recognized as one of the world's largest airline groups. Founded in its modern form in 1953, the company traces its heritage back to the original Deutsche Luft Hansa established in 1926. Lufthansa operates passenger and cargo services under its flagship brand, as well as through numerous subsidiaries including Swiss International Air Lines, Austrian Airlines, Brussels Airlines and the low-cost carrier Eurowings.

The group's passenger network spans Europe, the Americas, Asia, Africa and the Middle East, with primary hubs at Frankfurt Airport and Munich Airport.

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