Deutsche Lufthansa AG (OTCMKTS:DLAKY) reached a new 52-week low during trading on Wednesday . The stock traded as low as $19.52 and last traded at $19.56, with a volume of 1910 shares changing hands. The stock had previously closed at $20.03.
Several research firms have recently commented on DLAKY. Morgan Stanley upgraded Deutsche Lufthansa from an “equal weight” rating to an “overweight” rating in a report on Tuesday, January 22nd. Citigroup upgraded Deutsche Lufthansa from a “neutral” rating to a “buy” rating in a report on Thursday, March 7th. Finally, ValuEngine downgraded Deutsche Lufthansa from a “hold” rating to a “sell” rating in a report on Monday, February 4th.
The firm has a market capitalization of $9.52 billion, a PE ratio of 3.61 and a beta of 0.95. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.46.
An institutional investor recently raised its position in Deutsche Lufthansa stock. Boston Advisors LLC grew its position in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 29.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,652 shares of the transportation company’s stock after buying an additional 4,416 shares during the period. Boston Advisors LLC’s holdings in Deutsche Lufthansa were worth $431,000 at the end of the most recent reporting period. 0.20% of the stock is currently owned by institutional investors and hedge funds.
Deutsche Lufthansa Company Profile (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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