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

Deutsche Lufthansa AG (ETR:LHAGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €6.57 ($7.64) and traded as high as €7.25 ($8.43). Deutsche Lufthansa shares last traded at €7.22 ($8.40), with a volume of 12,879,237 shares traded.

Deutsche Lufthansa Trading Down 2.4%

The stock has a market cap of $8.75 billion, a PE ratio of 9.68, a PEG ratio of 0.07 and a beta of 1.54. The business has a 50-day moving average of €6.69 and a 200 day moving average of €6.57. The company has a debt-to-equity ratio of 137.28, a quick ratio of 0.78 and a current ratio of 0.82.

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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