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Deutsche Lufthansa (ETR:LHA) Stock Crosses Above 200 Day Moving Average - Here's What Happened

Deutsche Lufthansa logo with Industrials background

Deutsche Lufthansa AG (ETR:LHA - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €6.10 ($6.35) and traded as high as €6.48 ($6.75). Deutsche Lufthansa shares last traded at €6.25 ($6.51), with a volume of 9,235,391 shares.

Deutsche Lufthansa Stock Performance

The stock has a 50 day moving average price of €6.44 and a two-hundred day moving average price of €6.10. The company has a market cap of $7.39 billion, a P/E ratio of 6.10, a price-to-earnings-growth ratio of 0.07 and a beta of 1.54. The company has a quick ratio of 0.78, a current ratio of 0.75 and a debt-to-equity ratio of 140.77.

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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