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

Deutsche Lufthansa AG (ETR:LHAGet Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €6.18 ($6.44) and traded as high as €6.85 ($7.14). Deutsche Lufthansa shares last traded at €6.70 ($6.98), with a volume of 6,755,939 shares.

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 $7.94 billion, a PE ratio of 8.78, a PEG ratio of 0.07 and a beta of 1.54. The business’s 50 day moving average is €6.22 and its 200 day moving average is €6.18.

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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