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

Key Points

• Deutsche Lufthansa's share price has surged above its 200-day moving average of €6.83 ($7.94), trading as high as €7.50 ($8.72).
• As of the latest trading, the stock is up 2.1% and last traded at €7.45 ($8.66) with over 3 million shares exchanged.
• The company's market capitalization stands at $9.44 billion, with a debt-to-equity ratio of 137.28, indicating significant leverage.

Deutsche Lufthansa AG (ETR:LHA - ) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €6.83 ($7.94) and traded as high as €7.50 ($8.72). Deutsche Lufthansa shares last traded at €7.45 ($8.66), with a volume of 3,020,393 shares trading hands.

Deutsche Lufthansa Stock Up 2.1%

The company has a 50-day moving average of €7.26 and a two-hundred day moving average of €6.83. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 137.28. The company has a market capitalization of $9.44 billion, a P/E ratio of 10.44, a price-to-earnings-growth ratio of 0.07 and a beta of 1.54.

About Deutsche Lufthansa

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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