Deutsche Lufthansa AG is a Germany-based airline that trades under the symbol LHA.DE on the XETRA stock exchange. As of 3 February 2023, Deutsche Lufthansa AG has a market capitalization of 11.53 bln euros. This value has increased by 2.1% since 1 February 2023, when the market cap was 11.57 bln euros, and decreased by 0.2 % since 2 February 2023 when it was 11.83 bln euros.
The company’s 50-day average price stands at 8.74 euros and 200-day average price at 7.01 euros, whereas its current share price is 9.64 euros (as of 3 Feb 2023). Although the stock is trading slightly above its 50-day average, it is still trading well below its 200-day average and year high of 9.96 euros (set on 21 December 2022).
Analyzing the financial situation of Deutsche Lufthansa AG reveals that current market conditions are far from their peak values seen in early 2021 when the stock touched its all time high of 14.54 euros Though earnings have been negative for the past few quarters due to pandemic related challenges, the company’s fundamentals remain healthy with a total shares outstanding of 1195490048 as on 3 February 2023 and an EPS of -1.965 during fiscal year 2020/2021 (ending 30 September 2021). Looking beyond these challenges, Deutsche Lufthansa AG appears to be in good financial health and with an expected earnings announcement date scheduled for 3 March 2023, investors will have a better idea about how to allocate their portfolio going forward
