Deutsche Lufthansa (ETR:LHA) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Deutsche Lufthansa AG (ETR:LHA)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 Trading Down 1.4 %

The firm has a 50-day moving average of €6.79 and a two-hundred day moving average of €6.45. The firm has a market capitalization of $9.07 billion, a P/E ratio of 10.03, a P/E/G 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.

Deutsche Lufthansa Company Profile

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.