Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) Shares Up 0.2% – Still a Buy?

Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) rose 0.2% on Friday . The stock traded as high as €115.80 and last traded at €114.80. Approximately 15,416 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 88,256 shares. The stock had previously closed at €114.60.

Hapag-Lloyd Aktiengesellschaft Price Performance

The stock has a market capitalization of $19.70 billion, a P/E ratio of 13.47, a price-to-earnings-growth ratio of -0.04 and a beta of 1.32. The business has a fifty day simple moving average of €117.34 and a 200 day simple moving average of €122.28. The company has a current ratio of 1.54, a quick ratio of 2.86 and a debt-to-equity ratio of 31.02.

About Hapag-Lloyd Aktiengesellschaft

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. It also offers bilateral EDI, a directly connected electronic data interchange; application programming interface (API) developer portal to connect software systems and exchange data; operates portals comprising INTTRA, Infor Nexus, and CargoSmart that manage customer's supply chain data and connect to their carriers through one interface, as well as WAVE BL service for the digital release of original bills of lading; and provides email and security information services.