Deutsche Lufthansa (ETR:LHA) Stock Crosses Above 200 Day Moving Average – Here’s What Happened

Deutsche Lufthansa AG (ETR:LHAGet Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €6.37 ($6.92) and traded as high as €7.70 ($8.37). Deutsche Lufthansa shares last traded at €7.56 ($8.22), with a volume of 9,765,150 shares changing hands.

Deutsche Lufthansa Stock Performance

The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 137.28. The stock has a market capitalization of $9.56 billion, a P/E ratio of 10.57, a P/E/G ratio of 0.07 and a beta of 1.54. The company’s 50-day moving average is €6.50 and its two-hundred day moving average is €6.37.

Deutsche Lufthansa Company Profile

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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.

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