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Deutsche Lufthansa (ETR:LHA) Share Price Passes Above 200-Day Moving Average - What's Next?

Deutsche Lufthansa logo with Industrials background

Deutsche Lufthansa AG (ETR:LHA - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €6.59 ($7.75) and traded as high as €7.39 ($8.69). Deutsche Lufthansa shares last traded at €7.31 ($8.60), with a volume of 5,264,662 shares changing hands.

Deutsche Lufthansa Stock Down 2.1%

The company has a 50-day simple moving average of €6.84 and a 200 day simple moving average of €6.61. The company has a market cap of $8.89 billion, a P/E ratio of 9.83, a P/E/G ratio of 0.07 and a beta of 1.54. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 137.28.

About Deutsche Lufthansa

(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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