Zacks Investment Research downgraded Deutsche Lufthansa AG (ADR) (NASDAQ:DLAKY) to Strong Sell in a report released today.
- Updated: October 16, 2016
Just yesterday Deutsche Lufthansa AG (ADR) (NASDAQ:DLAKY) traded 2.10% higher at $10.74. Deutsche Lufthansa AG (ADR)’s 50-day moving average is $11.47 and its 200-day moving average is $12.95. The last stock price is down -13.65% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 11,623 shares of DLAKY traded hands, down from an average trading volume of 67,177
Zacks Investment Research has downgraded Deutsche Lufthansa AG (ADR) (NASDAQ:DLAKY) to Strong Sell in a report released on Tuesday October 11, 2016.
Previously on 10/4/2016, Zacks Investment Research released a statement about Deutsche Lufthansa AG (ADR) (NASDAQ:DLAKY) increased the target price from $0.00 to $12.00. At the time, this indicated a possible upside of 0.11%.
Recent Performance Chart
Deutsche Lufthansa AG (ADR) has 52 week low of $10.35 and a 52 week high of $17.10 with a PE ratio of 3.97 and has a market capitalization of $0.
Brief Synopsis On Deutsche Lufthansa AG (ADR) (NASDAQ:DLAKY)
Deutsche Lufthansa AG is an aviation company. The Company's segments include Passenger Airline Group; Logistics; maintenance, repair and overhaul services (MRO), Catering and Other. The Company's fleet consists of approximately 600 aircrafts. The Company's Passenger Airline Group segment includes the airlines Lufthansa Passenger Airlines (including Germanwings and Eurowings), SWISS and Austrian Airlines. Lufthansa Cargo AG offers logistics solutions. The Company's own fleet consists of over five Boeing 777F and 14 Boeing MD-11F cargo aircrafts. Lufthansa Technik AG is the independent provider of MRO for civilian commercial aircraft. LSG Sky Chefs offers airline catering. LSG Sky Chefs operates in approximately 210 airports in over 50 countries. The Other segment consists of the service and financial companies. The Other segment consists primarily of AirPlus, which is a provider of solutions for paying for and analyzing business travel.
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