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

Deutsche Lufthansa AG (ETR:LHAGet Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €6.45 ($7.25) and traded as high as €6.62 ($7.44). Deutsche Lufthansa shares last traded at €6.58 ($7.40), with a volume of 4,014,469 shares.

Deutsche Lufthansa Stock Down 0.9%

The firm has a market cap of $8.09 billion, a price-to-earnings ratio of 8.95, a P/E/G ratio of 0.07 and a beta of 1.54. The firm’s 50 day moving average price is €6.66 and its two-hundred day moving average price is €6.45. The company has a debt-to-equity ratio of 137.28, a current ratio of 0.82 and a quick ratio of 0.78.

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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