Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) Stock Price Down 0.6% – Here’s Why

Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) traded down 0.6% during trading on Monday. The stock traded as low as €132.50 and last traded at €133.50. Approximately 4,285 shares traded hands during trading, a decline of 95% from the average session volume of 88,256 shares. The stock had previously closed at €134.30.

Hapag-Lloyd Aktiengesellschaft Price Performance

The company has a quick ratio of 2.86, a current ratio of 1.36 and a debt-to-equity ratio of 35.36. The business has a 50-day moving average price of €134.68 and a two-hundred day moving average price of €125.50. The company has a market capitalization of $22.81 billion, a price-to-earnings ratio of 394.71, a price-to-earnings-growth ratio of -0.04 and a beta of 1.06.

About Hapag-Lloyd Aktiengesellschaft

Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide. It operates through Liner Shipping; and Terminal & Infrastructure segments. The company's vessel and container fleets are used for dry and special cargo, dangerous goods, and coffee, as well as reefer cargo. It also offers bilateral EDI, a directly connected electronic data interchange; application programming interface (API) developer portal to connect software systems and exchange data; operates portals comprising INTTRA, Infor Nexus, and CargoSmart that manage customer's supply chain data and connect to their carriers through one interface, as well as WAVE BL service for the digital release of original bills of lading; and provides email and security information services.