Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) Shares Down 1.7% – Time to Sell?

Hapag-Lloyd Aktiengesellschaft (ETR:HLAG)’s share price fell 1.7% during mid-day trading on Monday . The company traded as low as €130.70 ($136.15) and last traded at €130.70 ($136.15). 17,024 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 88,256 shares. The stock had previously closed at €132.90 ($138.44).

Hapag-Lloyd Aktiengesellschaft Price Performance

The company has a current ratio of 1.51, a quick ratio of 2.86 and a debt-to-equity ratio of 31.27. The firm has a market capitalization of $23.50 billion, a price-to-earnings ratio of 30.67, a price-to-earnings-growth ratio of -0.04 and a beta of 1.32. The stock’s fifty day moving average price is €150.49 and its two-hundred day moving average price is €152.77.

Hapag-Lloyd Aktiengesellschaft Company Profile

Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide. It operates through Liner Shipping; and Terminal & Infrastructure segments. The company's vessel and container fleets are used for dry and special cargo, dangerous goods, and coffee, as well as reefer cargo.