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

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

Deutsche Lufthansa Price Performance

The stock’s fifty day moving average price is €6.42 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 firm has a market cap of $8.06 billion, a PE ratio of 6.65, 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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