Deutsche Lufthansa (ETR:LHA) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Deutsche Lufthansa AG (ETR:LHAGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €6.15 ($6.41) and traded as high as €6.76 ($7.04). Deutsche Lufthansa shares last traded at €6.66 ($6.94), with a volume of 5,088,163 shares traded.

Deutsche Lufthansa Trading Down 3.9 %

The firm has a market capitalization of $7.68 billion, a P/E ratio of 6.34, a PEG ratio of 0.07 and a beta of 1.54. The business has a 50-day moving average price of €6.20 and a 200-day moving average price of €6.15. The company has a quick ratio of 0.78, a current ratio of 0.75 and a debt-to-equity ratio of 140.77.

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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