Deutsche Lufthansa (ETR:LHA) Shares Cross Above 200-Day Moving Average - Time to Sell?

Key Points

• Deutsche Lufthansa's shares have crossed above their 200-day moving average, reaching a price of €8.14 ($9.47) during trading.
• The company has a market capitalization of $10.25 billion and a PE ratio of 11.34, indicating potential valuation insights for investors.
• Deutsche Lufthansa operates globally in three segments: Passenger Airlines, Logistics, and Maintenance, Repair, and Overhaul Services (MRO).

Deutsche Lufthansa AG (ETR:LHA - ) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €6.91 ($8.03) and traded as high as €8.16 ($9.49). Deutsche Lufthansa shares last traded at €8.14 ($9.47), with a volume of 4,979,781 shares trading hands.

Deutsche Lufthansa Trading Up 1.4%

The stock's 50 day simple moving average is €7.36 and its two-hundred day simple moving average is €6.91. The company has a debt-to-equity ratio of 137.28, a current ratio of 0.82 and a quick ratio of 0.78. The stock has a market capitalization of $10.25 billion, a PE ratio of 11.34, a PEG ratio of 0.07 and a beta of 1.54.

Deutsche Lufthansa Company Profile

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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