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Deutsche Lufthansa (ETR:LHA) Stock Price Crosses Above Two Hundred Day Moving Average - What's Next?

Deutsche Lufthansa logo with Industrials background

Deutsche Lufthansa AG (ETR:LHA - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €6.45 ($7.25) and traded as high as €6.62 ($7.44). Deutsche Lufthansa shares last traded at €6.58 ($7.40), with a volume of 4,014,469 shares trading hands.

Deutsche Lufthansa Stock Down 0.9%

The company has a debt-to-equity ratio of 137.28, a current ratio of 0.82 and a quick ratio of 0.78. The company has a market cap of $8.09 billion, a price-to-earnings ratio of 8.95, a P/E/G ratio of 0.07 and a beta of 1.54. The firm's 50 day simple moving average is €6.66 and its 200-day simple moving average is €6.45.

Deutsche Lufthansa Company Profile

(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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