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

Deutsche Lufthansa AG (ETR:LHA)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €6.64 ($7.72) and traded as high as €7.51 ($8.73). Deutsche Lufthansa shares last traded at €7.50 ($8.72), with a volume of 6,751,362 shares trading hands.

Deutsche Lufthansa Trading Down 1.5%

The company has a fifty day moving average of €6.92 and a 200-day moving average of €6.64. 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 company has a market capitalization of $9.17 billion, a price-to-earnings ratio of 10.14, a PEG ratio of 0.07 and a beta of 1.54.

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.