Deutsche Lufthansa (ETR:LHA) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Deutsche Lufthansa AG (ETR:LHAGet Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 Performance

The stock has a market capitalization of $8.04 billion, a price-to-earnings ratio of 6.62, a P/E/G ratio of 0.07 and a beta of 1.54. The company has a current ratio of 0.75, a quick ratio of 0.78 and a debt-to-equity ratio of 140.77. The firm has a 50-day moving average of €5.97 and a 200-day moving average of €6.20.

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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