Deutsche Lufthansa AG (OTCMKTS:DLAKY)’s stock price shot up 0.2% on Monday . The company traded as high as $15.64 and last traded at $15.61, 5,540 shares were traded during trading. A decline of 92% from the average session volume of 71,443 shares. The stock had previously closed at $15.58.
A number of research firms have weighed in on DLAKY. Nord/LB cut shares of Deutsche Lufthansa from a “buy” rating to a “hold” rating in a research report on Tuesday, June 18th. Royal Bank of Canada restated a “sector perform” rating on shares of Deutsche Lufthansa in a research report on Friday, July 5th. Societe Generale cut shares of Deutsche Lufthansa from a “buy” rating to a “hold” rating in a research report on Tuesday, June 18th. Sanford C. Bernstein cut shares of Deutsche Lufthansa from an “outperform” rating to a “market perform” rating in a research report on Monday, July 1st. Finally, Credit Suisse Group restated a “neutral” rating on shares of Deutsche Lufthansa in a research report on Tuesday, July 23rd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $15.50.
The stock’s 50-day moving average price is $15.60 and its 200 day moving average price is $19.48. The firm has a market capitalization of $7.38 billion, a price-to-earnings ratio of 4.56 and a beta of 0.93. The company has a quick ratio of 0.59, a current ratio of 0.64 and a debt-to-equity ratio of 0.83.
About Deutsche Lufthansa (OTCMKTS:DLAKY)
Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. It operates through Network Airlines, Point-to-Point Airlines, Logistics, MRO, Catering segments. The Network Airlines segment offers passenger services through a route network of 263 destinations in 86 countries. The Point-to-Point Airlines segment provides passenger services through a route network of 192 destinations in 62 countries.
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