Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Update

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 600 shares, a drop of 88.7% from the December 31st total of 5,300 shares. Based on an average daily trading volume, of 151,400 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Citigroup upgraded Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, January 8th. Morgan Stanley raised Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, November 5th. Stifel Nicolaus raised shares of Deutsche Lufthansa from a “sell” rating to a “hold” rating in a report on Thursday, October 17th. Finally, Barclays upgraded shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 1st. Three equities research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Deutsche Lufthansa Stock Performance

Shares of DLAKY stock traded up $0.06 during trading on Wednesday, reaching $6.65. 85,505 shares of the company’s stock traded hands, compared to its average volume of 142,249. Deutsche Lufthansa has a 1 year low of $5.69 and a 1 year high of $8.50. The company has a market capitalization of $7.97 billion, a P/E ratio of 8.01, a PEG ratio of 0.98 and a beta of 1.21. The company has a current ratio of 0.82, a quick ratio of 0.77 and a debt-to-equity ratio of 1.17. The firm’s 50-day moving average is $6.44 and its 200 day moving average is $6.58.

About Deutsche Lufthansa

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.