Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Down 80.0% in September

Deutsche Lufthansa AG (OTCMKTS:DLAKY) saw a large drop in short interest in September. As of September 30th, there was short interest totalling 8,100 shares, a drop of 80.0% from the September 15th total of 40,500 shares. Based on an average trading volume of 100,200 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on DLAKY shares. Stifel Nicolaus lowered shares of Deutsche Lufthansa from a “hold” rating to a “sell” rating in a research note on Monday, July 15th. Barclays upgraded Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 1st. Finally, Morgan Stanley lowered Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, July 10th. Three analysts have rated the stock with a sell rating, one has given a hold rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Deutsche Lufthansa has an average rating of “Hold”.

Deutsche Lufthansa Stock Down 0.3 %

Shares of OTCMKTS:DLAKY traded down $0.02 on Friday, reaching $7.02. 80,871 shares of the company’s stock were exchanged, compared to its average volume of 67,765. Deutsche Lufthansa has a fifty-two week low of $6.05 and a fifty-two week high of $9.27. The business’s 50-day moving average is $6.61 and its two-hundred day moving average is $6.81. The firm has a market capitalization of $8.40 billion, a price-to-earnings ratio of 7.71, a PEG ratio of 1.67 and a beta of 1.24.

Deutsche Lufthansa (OTCMKTS:DLAKY) last issued its earnings results on Tuesday, July 30th. The transportation company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.02). The business had revenue of $10.77 billion during the quarter. Deutsche Lufthansa had a return on equity of 11.45% and a net margin of 2.73%. Analysts predict that Deutsche Lufthansa will post 0.91 earnings per share for the current fiscal year.

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.