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

Deutsche Lufthansa AG (ETR:LHAGet Free Report)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €6.44 ($6.92) and traded as high as €7.49 ($8.05). Deutsche Lufthansa shares last traded at €7.40 ($7.96), with a volume of 10,836,356 shares.

Deutsche Lufthansa Price Performance

The firm has a 50 day moving average price of €6.72 and a 200 day moving average price of €6.44. The stock has a market capitalization of $9.20 billion, a PE ratio of 10.17, a price-to-earnings-growth ratio of 0.07 and a beta of 1.54. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 137.28.

About Deutsche Lufthansa

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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.

Further Reading

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