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Deutsche Lufthansa (ETR:LHA) Shares Cross Above Two Hundred Day Moving Average - Here's Why

Deutsche Lufthansa logo with Industrials background

Deutsche Lufthansa AG (ETR:LHA - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €6.10 ($6.29) and traded as high as €6.28 ($6.48). Deutsche Lufthansa shares last traded at €6.18 ($6.37), with a volume of 3,291,226 shares.

Deutsche Lufthansa Trading Up 0.7 %

The company has a quick ratio of 0.78, a current ratio of 0.75 and a debt-to-equity ratio of 140.77. The stock has a market capitalization of $7.41 billion, a P/E ratio of 6.11, a price-to-earnings-growth ratio of 0.07 and a beta of 1.54. The company has a fifty day simple moving average of €6.35 and a two-hundred day simple moving average of €6.10.

Deutsche Lufthansa Company Profile

(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.

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