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

Deutsche Lufthansa logo with Industrials background

Deutsche Lufthansa AG (ETR:LHA - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €6.47 ($7.35) and traded as high as €7.12 ($8.09). Deutsche Lufthansa shares last traded at €7.02 ($7.98), with a volume of 6,493,295 shares changing hands.

Deutsche Lufthansa Price Performance

The stock has a market capitalization of $8.92 billion, a PE ratio of 9.87, a price-to-earnings-growth ratio of 0.07 and a beta of 1.54. The business's 50-day moving average price is €6.43 and its 200 day moving average price is €6.49. The company has a debt-to-equity ratio of 137.28, a quick ratio of 0.78 and a current ratio of 0.82.

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.

Further Reading

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