Deutsche Lufthansa (ETR:LHA) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Deutsche Lufthansa AG (ETR:LHAGet Free Report)’s share price passed 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 trading hands.

Deutsche Lufthansa Price Performance

The company has a debt-to-equity ratio of 140.77, a quick ratio of 0.78 and a current ratio of 0.75. The stock has a market capitalization of $8.07 billion, a price-to-earnings ratio of 6.67, a PEG ratio of 0.07 and a beta of 1.54. The company has a fifty day simple moving average of €6.15 and a two-hundred day simple moving average of €6.19.

Deutsche Lufthansa Company Profile

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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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