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

Shares of Deutsche Lufthansa AG (ETR:LHAGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €6.13 ($6.45) and traded as high as €6.45 ($6.79). Deutsche Lufthansa shares last traded at €6.30 ($6.63), with a volume of 3,706,714 shares changing hands.

Deutsche Lufthansa Stock Down 1.6 %

The firm’s 50-day moving average price is €6.37 and its 200-day moving average price is €6.14. The company has a market cap of $7.40 billion, a price-to-earnings ratio of 6.10, a price-to-earnings-growth ratio of 0.07 and a beta of 1.54. The company has a debt-to-equity ratio of 140.77, a current ratio of 0.75 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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