Deutsche Lufthansa (ETR:LHA) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Deutsche Lufthansa AG (ETR:LHAGet Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €7.32 and traded as high as €7.92. Deutsche Lufthansa shares last traded at €7.77, with a volume of 3,303,545 shares.

Deutsche Lufthansa Stock Performance

The firm’s 50-day simple moving average is €7.42 and its two-hundred day simple moving average is €7.32. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 137.28. The stock has a market capitalization of $9.76 billion, a PE ratio of 10.79, a PEG ratio of 0.07 and a beta of 1.54.

Deutsche Lufthansa Company Profile

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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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