Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY – Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $6.91 and last traded at $6.97, with a volume of 123769 shares. The stock had previously closed at $7.28.
Wall Street Analysts Forecast Growth
Several research firms have commented on DLAKY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Deutsche Lufthansa in a report on Wednesday, March 27th. Barclays reiterated an “equal weight” rating on shares of Deutsche Lufthansa in a report on Monday, February 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.
Read Our Latest Analysis on DLAKY
Deutsche Lufthansa Trading Down 1.3 %
Deutsche Lufthansa (OTCMKTS:DLAKY – Get Free Report) last issued its quarterly earnings data on Thursday, March 7th. The transportation company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.06. The business had revenue of $9.43 billion for the quarter. Deutsche Lufthansa had a return on equity of 22.19% and a net margin of 4.76%. As a group, equities analysts expect that Deutsche Lufthansa AG will post 1.56 EPS for the current year.
Deutsche Lufthansa Dividend Announcement
The business also recently announced a dividend, which will be paid on Monday, May 20th. Shareholders of record on Thursday, May 9th will be issued a dividend of $0.2193 per share. The ex-dividend date is Wednesday, May 8th.
Institutional Trading of Deutsche Lufthansa
An institutional investor recently bought a new position in Deutsche Lufthansa stock. OLD Mission Capital LLC bought a new stake in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 43,040 shares of the transportation company’s stock, valued at approximately $480,000.
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.
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