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Deutsche Lufthansa (ETR:LHA) Stock Passes Above 200 Day Moving Average - Here's What Happened

Deutsche Lufthansa logo with Industrials background

Deutsche Lufthansa AG (ETR:LHA - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €6.55 ($7.53) and traded as high as €7.07 ($8.13). Deutsche Lufthansa shares last traded at €7.00 ($8.05), with a volume of 6,304,834 shares changing hands.

Deutsche Lufthansa Stock Performance

The company has a 50-day simple moving average of €6.63 and a two-hundred day simple moving average of €6.56. The company has a debt-to-equity ratio of 137.28, a quick ratio of 0.78 and a current ratio of 0.82. The firm has a market capitalization of $8.50 billion, a P/E ratio of 9.40, a PEG ratio of 0.07 and a beta of 1.54.

Deutsche Lufthansa Company Profile

(Get Free Report)

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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