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Deutsche Lufthansa (ETR:LHA) Shares Pass Above 200 Day Moving Average - Here's What Happened

Deutsche Lufthansa logo with Industrials background

Deutsche Lufthansa AG (ETR:LHA - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €6.46 ($7.26) and traded as high as €6.66 ($7.48). Deutsche Lufthansa shares last traded at €6.61 ($7.43), with a volume of 5,292,512 shares changing hands.

Deutsche Lufthansa Stock Up 1.5 %

The firm has a market capitalization of $7.83 billion, a PE ratio of 8.66, a PEG 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 50 day simple moving average is €6.71 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.

Further Reading

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