Deutsche Lufthansa (ETR:LHA) Stock Crosses Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Deutsche Lufthansa shares recently crossed above their 200-day moving average of €7.14, reaching a high of €7.55 during trading.
• The company has a market capitalization of $9.47 billion, with a price-to-earnings ratio of 10.47 and a high debt-to-equity ratio of 137.28.
• Deutsche Lufthansa operates globally in three segments: Passenger Airlines, Logistics, and Maintenance, Repair and Overhaul Services (MRO).

Shares of Deutsche Lufthansa AG (ETR:LHA - ) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €7.14 ($8.30) and traded as high as €7.55 ($8.78). Deutsche Lufthansa shares last traded at €7.51 ($8.73), with a volume of 3,096,185 shares.

Deutsche Lufthansa Stock Performance

The company has a market capitalization of $9.47 billion, a price-to-earnings ratio of 10.47, a price-to-earnings-growth ratio of 0.07 and a beta of 1.54. 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 company's fifty day simple moving average is €7.74 and its two-hundred day simple moving average is €7.14.

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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