Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) Shares Up 2.8% - Should You Buy?

Key Points

• Hapag-Lloyd Aktiengesellschaft shares increased by 2.8% during trading, reaching a high of €115.60 ($136.00) before closing at €115.10 ($135.41).
• The company's market capitalization stands at $19.75 billion, with a PE ratio of 13.50 and a debt-to-equity ratio of 31.02.
• Hapag-Lloyd operates as a **liner shipping** company globally, with services ranging from **dry and special cargo** to reefer cargo.

Hapag-Lloyd Aktiengesellschaft (ETR:HLAG - ) shot up 2.8% during trading on Thursday . The company traded as high as €115.60 ($136.00) and last traded at €115.10 ($135.41). 19,482 shares were traded during mid-day trading, a decline of 78% from the average session volume of 88,256 shares. The stock had previously closed at €112.00 ($131.76).

Hapag-Lloyd Aktiengesellschaft Stock Performance

The stock has a market capitalization of $19.75 billion, a PE ratio of 13.50, a PEG ratio of -0.04 and a beta of 1.32. The business has a 50 day moving average price of €122.17 and a 200 day moving average price of €132.42. The company has a debt-to-equity ratio of 31.02, a current ratio of 1.54 and a quick ratio of 2.86.

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.

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