Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) Stock Price Up 2.3% – Here’s What Happened

Hapag-Lloyd Aktiengesellschaft (ETR:HLAGGet Free Report) shares shot up 2.3% during mid-day trading on Wednesday . The company traded as high as €138.00 ($156.82) and last traded at €135.60 ($154.09). 27,537 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 88,256 shares. The stock had previously closed at €132.60 ($150.68).

Hapag-Lloyd Aktiengesellschaft Price Performance

The firm has a market cap of $23.22 billion, a PE ratio of 15.87, a price-to-earnings-growth ratio of -0.04 and a beta of 1.32. The company has a debt-to-equity ratio of 31.02, a current ratio of 1.54 and a quick ratio of 2.86. The firm has a 50-day simple moving average of €141.70 and a 200 day simple moving average of €149.01.

Hapag-Lloyd Aktiengesellschaft Company Profile

(Get Free Report)

Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide. It operates through Liner Shipping; and Terminal & Infrastructure segments. The company's vessel and container fleets are used for dry and special cargo, dangerous goods, and coffee, as well as reefer cargo.

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