Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) Stock Falls 0.6% – Here’s What Happened

Hapag-Lloyd Aktiengesellschaft (ETR:HLAG – Get Free Report) traded down 0.6% on Monday. The company traded as low as €132.50 and last traded at €133.50. Approximately 4,285 shares changed hands during trading, a decline of 95% from the average session volume of 88,256 shares. The stock had previously closed at €134.30.

Hapag-Lloyd Aktiengesellschaft Trading Down 0.6%

The company has a debt-to-equity ratio of 35.36, a current ratio of 1.36 and a quick ratio of 2.86. The firm has a market cap of $22.91 billion, a price-to-earnings ratio of 15.66, a price-to-earnings-growth ratio of -0.04 and a beta of 1.06. The firm’s fifty day moving average is €134.86 and its 200-day moving average is €125.44.

About Hapag-Lloyd Aktiengesellschaft

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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.

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