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

Deutsche Lufthansa AG (ETR:LHAGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €6.21 ($6.47) and traded as high as €6.85 ($7.14). Deutsche Lufthansa shares last traded at €6.85 ($7.14), with a volume of 9,018,093 shares trading hands.

Deutsche Lufthansa Stock Up 0.5 %

The firm has a market cap of $8.55 billion, a price-to-earnings ratio of 9.46, a P/E/G ratio of 0.07 and a beta of 1.54. The firm’s 50 day moving average price is €6.21 and its two-hundred day moving average price is €6.21. The company has a debt-to-equity ratio of 137.28, a current ratio of 0.82 and a quick ratio of 0.78.

About Deutsche Lufthansa

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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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