Deutsche Lufthansa (OTCMKTS:DLAKY) Hits New 52-Week Low – Time to Sell?

Deutsche Lufthansa AG (OTCMKTS:DLAKY)’s share price hit a new 52-week low on Tuesday . The company traded as low as $5.69 and last traded at $5.73, with a volume of 270037 shares. The stock had previously closed at $5.81.

Analyst Ratings Changes

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

Deutsche Lufthansa Stock Down 1.4 %

The company has a market capitalization of $6.87 billion, a price-to-earnings ratio of 6.90, a P/E/G ratio of 1.36 and a beta of 1.21. The firm has a 50 day moving average price of $6.55 and a two-hundred day moving average price of $6.60.

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.