Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) Shares Down 0.6% - Time to Sell?

Key Points

• Hapag-Lloyd Aktiengesellschaft shares have decreased by 0.6%, trading at €117.60 ($136.74), down from the previous close of €118.30 ($137.56).
• The company's trading volume fell dramatically by 93% from its average daily volume, indicating reduced investor activity.
• Hapag-Lloyd operates a fleet for various types of cargo and has a market capitalization of $20.18 billion, with key financial ratios showing a quick ratio of 2.86 and a debt-to-equity ratio of 31.02.

Hapag-Lloyd Aktiengesellschaft (ETR:HLAG - ) shares were down 0.6% on Thursday . The company traded as low as €116.60 ($135.58) and last traded at €117.60 ($136.74). Approximately 6,266 shares traded hands during trading, a decline of 93% from the average daily volume of 88,256 shares. The stock had previously closed at €118.30 ($137.56).

Hapag-Lloyd Aktiengesellschaft Stock Down 0.6%

The company has a quick ratio of 2.86, a current ratio of 1.54 and a debt-to-equity ratio of 31.02. The firm has a market cap of $20.18 billion, a price-to-earnings ratio of 13.80, a price-to-earnings-growth ratio of -0.04 and a beta of 1.32. The stock's 50 day moving average is €118.30 and its 200 day moving average is €130.03.

About Hapag-Lloyd Aktiengesellschaft

Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide. It operates through Liner Shipping; and Terminal & Infrastructure segments. The company's vessel and container fleets are used for dry and special cargo, dangerous goods, and coffee, as well as reefer cargo.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.