Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) Shares Down 3.1% – What’s Next?

Hapag-Lloyd Aktiengesellschaft (ETR:HLAG)’s share price fell 3.1% during mid-day trading on Monday . The company traded as low as €129.00 and last traded at €130.00. Approximately 30,575 shares were traded during trading, a decline of 65% from the average daily volume of 88,256 shares. The stock had previously closed at €134.20.

Hapag-Lloyd Aktiengesellschaft Stock Down 3.1%

The company has a quick ratio of 2.86, a current ratio of 1.36 and a debt-to-equity ratio of 35.36. The stock has a market capitalization of $22.31 billion, a PE ratio of 15.25, a PEG ratio of -0.04 and a beta of 1.06. The firm’s fifty day moving average is €130.17 and its 200-day moving average is €124.11.

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. 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.