Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) Trading Down 1.7% – Here’s Why

Hapag-Lloyd Aktiengesellschaft (ETR:HLAGGet Free Report) was down 1.7% during trading on Monday . The company traded as low as €130.70 ($136.15) and last traded at €130.70 ($136.15). Approximately 17,024 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 88,256 shares. The stock had previously closed at €132.90 ($138.44).

Hapag-Lloyd Aktiengesellschaft Trading Down 1.7 %

The company has a quick ratio of 2.86, a current ratio of 1.51 and a debt-to-equity ratio of 31.27. The company has a market cap of $22.97 billion, a price-to-earnings ratio of 29.98, a PEG ratio of -0.04 and a beta of 1.32. The firm has a 50 day moving average price of €152.48 and a two-hundred day moving average price of €153.29.

About Hapag-Lloyd Aktiengesellschaft

(Get Free Report)

Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide. It operates through Liner Shipping; and Terminal & Infrastructure segments. The company's vessel and container fleets are used for dry and special cargo, dangerous goods, and coffee, as well as reefer cargo.

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