Deutsche Lufthansa (ETR:LHA) Stock Price Down 0.1% – Here’s What Happened

Deutsche Lufthansa AG (ETR:LHAGet Free Report) shares dropped 0.1% during mid-day trading on Wednesday . The stock traded as low as €6.59 ($6.94) and last traded at €6.64 ($6.99). Approximately 3,036,888 shares traded hands during trading, a decline of 11% from the average daily volume of 3,430,000 shares. The stock had previously closed at €6.64 ($6.99).

Deutsche Lufthansa Stock Down 1.1 %

The firm’s 50-day moving average price is €6.40 and its 200-day moving average price is €6.10. The company has a debt-to-equity ratio of 140.77, a current ratio of 0.75 and a quick ratio of 0.78. The company has a market cap of $7.88 billion, a price-to-earnings ratio of 6.57, a price-to-earnings-growth ratio of 0.07 and a beta of 1.54.

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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