Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 28,600 shares, an increase of 180.4% from the April 30th total of 10,200 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 74,600 shares, the short-interest ratio is currently 0.4 days.
Deutsche Lufthansa Stock Performance
Shares of OTCMKTS:DLAKY traded up $0.03 on Friday, reaching $7.98. 65,245 shares of the company's stock were exchanged, compared to its average volume of 85,201. The company has a fifty day moving average of $7.22 and a 200-day moving average of $6.96. Deutsche Lufthansa has a twelve month low of $5.69 and a twelve month high of $8.78. The company has a market capitalization of $9.56 billion, a price-to-earnings ratio of 9.61, a PEG ratio of 1.07 and a beta of 1.15. The company has a current ratio of 0.82, a quick ratio of 0.77 and a debt-to-equity ratio of 1.17.
Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last announced its earnings results on Tuesday, April 29th. The transportation company reported ($0.78) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.61) by ($0.17). Deutsche Lufthansa had a return on equity of 11.33% and a net margin of 2.46%. The business had revenue of $9.25 billion for the quarter, compared to analyst estimates of $7.93 billion. On average, research analysts predict that Deutsche Lufthansa will post 0.87 EPS for the current fiscal year.
Deutsche Lufthansa Increases Dividend
The company also recently declared 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 is a positive change from Deutsche Lufthansa's previous dividend of $0.22. The ex-dividend date of this dividend was Thursday, May 8th. This represents a dividend yield of 3.09%. Deutsche Lufthansa's dividend payout ratio (DPR) is currently 19.30%.
Institutional Trading of Deutsche Lufthansa
An institutional investor recently raised its position in Deutsche Lufthansa stock. GAMMA Investing LLC increased its position in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY - Free Report) by 11,248.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,809 shares of the transportation company's stock after acquiring an additional 6,749 shares during the period. GAMMA Investing LLC's holdings in Deutsche Lufthansa were worth $50,000 as of its most recent filing with the Securities and Exchange Commission.
Analyst Ratings Changes
A number of equities analysts have recently commented on DLAKY shares. Barclays downgraded shares of Deutsche Lufthansa from a "strong-buy" rating to a "strong sell" rating in a research note on Wednesday, March 12th. Sanford C. Bernstein raised shares of Deutsche Lufthansa from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy".
Get Our Latest Report on DLAKY
Deutsche Lufthansa Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider Deutsche Lufthansa, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Deutsche Lufthansa wasn't on the list.
While Deutsche Lufthansa currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.