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

Deutsche Lufthansa AG (ETR:LHAGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-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 changing hands.

Deutsche Lufthansa Trading Down 4.6 %

The stock’s fifty day moving average is €6.22 and its 200 day moving average is €6.18. The company has a debt-to-equity ratio of 137.28, a quick ratio of 0.78 and a current ratio of 0.82. The stock has a market cap of $7.94 billion, a P/E ratio of 8.78, a P/E/G ratio of 0.07 and a beta of 1.54.

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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