Deutsche Lufthansa (ETR:LHA) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Deutsche Lufthansa AG (ETR:LHA) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €8.09 and traded as high as €9.50. Deutsche Lufthansa shares last traded at €9.18, with a volume of 4,296,506 shares.

Deutsche Lufthansa Stock Performance

The firm’s 50-day moving average is €8.77 and its 200 day moving average is €8.09. The stock has a market cap of $11.34 billion, a PE ratio of 12.54, a P/E/G ratio of 0.07 and a beta of 1.54. The company has a debt-to-equity ratio of 137.28, a quick ratio of 0.78 and a current ratio of 0.82.

About Deutsche Lufthansa

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. Its Logistics segment offers airfreight container management, urgent shipments, and customs clearance services; and e-commerce solutions. The MRO segment provides maintenance, repair, and overhaul services for civil commercial aircraft serving original equipment manufacturers, aircraft leasing companies, operators of VIP jets, government, armed forces, and airlines.