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

Deutsche Lufthansa logo with Industrials background

Key Points

  • Deutsche Lufthansa's stock price has surpassed its 200-day moving average of €6.99 ($8.22), reaching a high of €8.20 ($9.65) during trading.
  • The company has a market capitalization of $10.27 billion and a PE ratio of 11.35, indicating a potentially attractive valuation in the aviation sector.
  • Deutsche Lufthansa operates in three segments: Passenger Airlines, Logistics, and Maintenance, Repair and Overhaul Services (MRO), offering diverse aviation services worldwide.
  • Looking to export and analyze Deutsche Lufthansa data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Deutsche Lufthansa AG (ETR:LHA - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €6.99 ($8.13) and traded as high as €8.20 ($9.53). Deutsche Lufthansa shares last traded at €8.14 ($9.46), with a volume of 3,900,435 shares.

Deutsche Lufthansa Stock Down 0.8%

The company has a market capitalization of $10.10 billion, a price-to-earnings ratio of 11.17, a price-to-earnings-growth ratio of 0.07 and a beta of 1.54. The firm's 50 day moving average price is €7.54 and its two-hundred day moving average price is €7.02. 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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