Deutsche Lufthansa (ETR:LHA) Stock Passes 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 Monday . The stock has a 200-day moving average of €6.47 ($7.35) and traded as high as €6.49 ($7.38). Deutsche Lufthansa shares last traded at €6.48 ($7.37), with a volume of 4,974,798 shares trading hands.

Deutsche Lufthansa Stock Performance

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 firm’s 50 day simple moving average is €6.76 and its 200 day simple moving average is €6.47. The firm has a market capitalization of $8.11 billion, a price-to-earnings ratio of 8.97, a PEG ratio of 0.07 and a beta of 1.54.

About Deutsche Lufthansa

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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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