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

Deutsche Lufthansa logo with Industrials background

Deutsche Lufthansa AG (ETR:LHA - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €6.45 ($7.33) and traded as high as €6.70 ($7.62). Deutsche Lufthansa shares last traded at €6.68 ($7.59), with a volume of 6,708,612 shares changing hands.

Deutsche Lufthansa Trading Down 1.4%

The stock has a market cap of $8.14 billion, a PE ratio of 9.00, a price-to-earnings-growth ratio of 0.07 and a beta of 1.54. The firm has a 50-day moving average price of €6.52 and a 200-day moving average price of €6.46. 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.

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