Deutsche Lufthansa (ETR:LHA) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Deutsche Lufthansa AG (ETR:LHAGet Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €6.49 ($7.13) and traded as high as €6.84 ($7.51). Deutsche Lufthansa shares last traded at €6.68 ($7.34), with a volume of 4,617,799 shares changing hands.

Deutsche Lufthansa Price Performance

The firm has a market cap of $7.89 billion, a P/E ratio of 8.72, a PEG ratio of 0.07 and a beta of 1.54. The business’s fifty day simple moving average is €6.89 and its 200-day simple moving average is €6.49. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 137.28.

About Deutsche Lufthansa

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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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