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Deutsche Lufthansa (ETR:LHA) Share Price Passes Above 200 Day Moving Average - Here's What Happened

Deutsche Lufthansa logo with Industrials background
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Deutsche Lufthansa AG (ETR:LHA - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €6.26 ($6.80) and traded as high as €8.16 ($8.87). Deutsche Lufthansa shares last traded at €8.06 ($8.76), with a volume of 47,874,546 shares.

Deutsche Lufthansa Stock Down 1.6 %

The stock's fifty day moving average price is €6.36 and its 200-day moving average price is €6.30. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 137.28. The company has a market capitalization of $9.76 billion, a price-to-earnings ratio of 10.79, a P/E/G ratio of 0.07 and a beta of 1.54.

About Deutsche Lufthansa

(Get Free Report)

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.

Further Reading

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