Deutsche Lufthansa (OTCMKTS:DLAKY) Hits New 52-Week Low at $6.66

Deutsche Lufthansa AG (OTCMKTS:DLAKY)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $6.66 and last traded at $6.69, with a volume of 95780 shares traded. The stock had previously closed at $6.78.

Wall Street Analysts Forecast Growth

DLAKY has been the subject of several recent research reports. Barclays restated an “equal weight” rating on shares of Deutsche Lufthansa in a research report on Monday, February 26th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Deutsche Lufthansa in a report on Wednesday, March 27th.

Deutsche Lufthansa Stock Down 1.3 %

The company has a debt-to-equity ratio of 1.03, a current ratio of 0.85 and a quick ratio of 0.80. The firm has a 50 day simple moving average of $7.24 and a 200-day simple moving average of $7.87. The stock has a market capitalization of $8.01 billion, a price-to-earnings ratio of 5.60, a price-to-earnings-growth ratio of 2.96 and a beta of 1.20.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its quarterly earnings results on Tuesday, April 30th. The transportation company reported ($0.66) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.73) by $0.07. Deutsche Lufthansa had a return on equity of 17.33% and a net margin of 3.94%. The business had revenue of $8.03 billion for the quarter. On average, sell-side analysts forecast that Deutsche Lufthansa AG will post 1.22 EPS for the current fiscal year.

Deutsche Lufthansa Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, May 20th. Investors of record on Thursday, May 9th were given a $0.2193 dividend. The ex-dividend date was Wednesday, May 8th. Deutsche Lufthansa’s dividend payout ratio is presently 17.36%.

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.