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Deutsche Lufthansa (ETR:LHA) Stock Passes Above Two Hundred Day Moving Average - Here's What Happened

Deutsche Lufthansa logo with Industrials background

Shares of Deutsche Lufthansa AG (ETR:LHA - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €6.19 ($6.73) and traded as high as €6.82 ($7.41). Deutsche Lufthansa shares last traded at €6.63 ($7.21), with a volume of 3,015,645 shares traded.

Deutsche Lufthansa Trading Up 1.6 %

The firm has a market cap of $8.09 billion, a P/E ratio of 6.67, a price-to-earnings-growth ratio of 0.07 and a beta of 1.54. The business's 50 day moving average is €6.15 and its 200-day moving average is €6.19. The company has a quick ratio of 0.78, a current ratio of 0.75 and a debt-to-equity ratio of 140.77.

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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