Deutsche Lufthansa (ETR:LHA) Shares Cross Above 200 Day Moving Average – Here’s What Happened

Deutsche Lufthansa AG (ETR:LHAGet Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €6.13 ($6.52) and traded as high as €6.45 ($6.86). Deutsche Lufthansa shares last traded at €6.30 ($6.70), with a volume of 3,706,714 shares changing hands.

Deutsche Lufthansa Stock Down 0.6 %

The stock’s 50 day moving average price is €6.36 and its 200-day moving average price is €6.13. The company has a debt-to-equity ratio of 140.77, a quick ratio of 0.78 and a current ratio of 0.75. The company has a market cap of $7.51 billion, a PE ratio of 6.24, a PEG 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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