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

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 €6.20 ($6.74) and traded as high as €6.74 ($7.32). Deutsche Lufthansa shares last traded at €6.68 ($7.26), with a volume of 8,123,739 shares changing hands.

Deutsche Lufthansa Stock Up 1.3 %

The company has a market cap of $8.15 billion, a P/E ratio of 6.72, a P/E/G ratio of 0.07 and a beta of 1.54. The stock has a 50-day moving average of €6.01 and a two-hundred day moving average of €6.21. The company has a debt-to-equity ratio of 140.77, a quick ratio of 0.78 and a current ratio of 0.75.

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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