Deutsche Lufthansa (OTCMKTS:DLAKY) Stock Price Passes Below 50-Day Moving Average of $7.48

Deutsche Lufthansa AG (OTCMKTS:DLAKY)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $7.48 and traded as low as $7.38. Deutsche Lufthansa shares last traded at $7.42, with a volume of 21,900 shares changing hands.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on DLAKY shares. Barclays reissued an “equal weight” rating on shares of Deutsche Lufthansa in a research report on Monday, February 26th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Deutsche Lufthansa in a research report on Wednesday, March 27th.

Deutsche Lufthansa Stock Performance

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 company’s fifty day moving average price is $7.48 and its 200 day moving average price is $7.99. The company has a market cap of $8.88 billion, a PE ratio of 6.13, a P/E/G ratio of 1.40 and a beta of 1.24.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its quarterly earnings data on Tuesday, April 30th. The transportation company reported ($0.66) EPS for the quarter, beating the consensus estimate of ($0.73) by $0.07. Deutsche Lufthansa had a net margin of 3.94% and a return on equity of 17.33%. The firm had revenue of $8.03 billion during the quarter. On average, equities research analysts predict that Deutsche Lufthansa AG will post 1.19 earnings per share for the current year.

Deutsche Lufthansa Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, May 20th. Investors of record on Thursday, May 9th will be issued a dividend of $0.2193 per share. The ex-dividend date of this dividend is Wednesday, May 8th. Deutsche Lufthansa’s dividend payout ratio (DPR) is currently 17.36%.

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.