Deutsche Lufthansa AG (NASDAQ:DLAKY) was downgraded by Zacks Investment Research from a “buy” rating to a “strong sell” rating in a research note issued on Tuesday.

According to Zacks, “Lufthansa German Airlines operates as an autonomous unit within the Lufthansa Group. It maintains its own stations, handling check-in, ticket sales and other services at all the major international airports. Lufthansa is a founding member of the Star Alliance, the world’s first multilateral airline grouping. “

Separately, Deutsche Bank AG lowered shares of Deutsche Lufthansa AG from a “hold” rating to a “sell” rating in a report on Wednesday, September 7th.

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Deutsche Lufthansa AG (NASDAQ:DLAKY) traded up 2.92% during trading on Tuesday, hitting $10.74. The stock had a trading volume of 60,339 shares. The stock’s 50-day moving average price is $11.54 and its 200-day moving average price is $13.01. The company has a market capitalization of $4.99 billion and a P/E ratio of 3.82. Deutsche Lufthansa AG has a 1-year low of $10.35 and a 1-year high of $17.10.

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