Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Update

Deutsche Lufthansa AG (OTCMKTS:DLAKY) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 22,700 shares, an increase of 49.3% from the January 31st total of 15,200 shares. Based on an average daily trading volume, of 142,700 shares, the short-interest ratio is presently 0.2 days.

Analysts Set New Price Targets

DLAKY has been the topic of several research analyst reports. Morgan Stanley raised Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, November 5th. Sanford C. Bernstein upgraded Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 12th. Finally, Citigroup upgraded Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, January 8th. Three analysts have rated the stock with a hold rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

Deutsche Lufthansa Price Performance

Shares of DLAKY traded up $0.03 during mid-day trading on Monday, reaching $7.08. 48,456 shares of the company’s stock were exchanged, compared to its average volume of 118,199. Deutsche Lufthansa has a 52-week low of $5.69 and a 52-week high of $8.16. The company has a quick ratio of 0.77, a current ratio of 0.82 and a debt-to-equity ratio of 1.17. The company has a 50-day simple moving average of $6.48 and a two-hundred day simple moving average of $6.66. The company has a market cap of $8.48 billion, a price-to-earnings ratio of 8.53, a PEG ratio of 1.07 and a beta of 1.20.

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.