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

Shares of Deutsche Lufthansa AG (ETR:LHAGet Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €7.07 ($8.32) and traded as high as €7.99 ($9.40). Deutsche Lufthansa shares last traded at €7.96 ($9.36), with a volume of 2,807,742 shares traded.

Deutsche Lufthansa Price Performance

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 50-day moving average price of €7.64 and a 200 day moving average price of €7.07. The stock has a market capitalization of $9.84 billion, a price-to-earnings ratio of 10.88, a PEG ratio of 0.07 and a beta of 1.54.

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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