Deutsche Lufthansa (ETR:LHA) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Deutsche Lufthansa AG (ETR:LHA) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €8.45 and traded as high as €9.20. Deutsche Lufthansa shares last traded at €9.18, with a volume of 3,493,366 shares.

Deutsche Lufthansa Stock Down 1.3%

The company has a debt-to-equity ratio of 105.58, a quick ratio of 0.78 and a current ratio of 0.81. The stock has a market capitalization of $11.18 billion, a price-to-earnings ratio of 12.36, a P/E/G ratio of 0.07 and a beta of 1.29. The firm’s fifty day simple moving average is €8.77 and its 200 day simple moving average is €8.45.

About Deutsche Lufthansa

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. Its Logistics segment offers airfreight container management, urgent shipments, and customs clearance services; and e-commerce solutions. The MRO segment provides maintenance, repair, and overhaul services for civil commercial aircraft serving original equipment manufacturers, aircraft leasing companies, operators of VIP jets, government, armed forces, and airlines.