Deutsche Lufthansa (ETR:LHA) Shares Pass Above 200 Day Moving Average – Time to Sell?

Deutsche Lufthansa AG (ETR:LHAGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €6.15 ($6.41) and traded as high as €6.76 ($7.04). Deutsche Lufthansa shares last traded at €6.66 ($6.94), with a volume of 5,088,163 shares changing hands.

Deutsche Lufthansa Stock Performance

The company has a current ratio of 0.75, a quick ratio of 0.78 and a debt-to-equity ratio of 140.77. The firm has a market capitalization of $7.68 billion, a price-to-earnings ratio of 6.34, a PEG ratio of 0.07 and a beta of 1.54. The stock has a fifty day moving average price of €6.20 and a 200-day moving average price of €6.15.

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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