Deutsche Lufthansa (ETR:LHA) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Shares of Deutsche Lufthansa AG (ETR:LHAGet Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €6.10 ($6.29) and traded as high as €6.28 ($6.48). Deutsche Lufthansa shares last traded at €6.18 ($6.37), with a volume of 3,291,226 shares trading hands.

Deutsche Lufthansa Stock Performance

The stock has a market cap of $7.41 billion, a price-to-earnings ratio of 6.11, a P/E/G ratio of 0.07 and a beta of 1.54. The company’s fifty day simple moving average is €6.36 and its two-hundred day simple moving average is €6.10. The company has a debt-to-equity ratio of 140.77, a current ratio of 0.75 and a quick ratio of 0.78.

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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