ThyssenKrupp (OTCMKTS:TYEKF) Shares Gap Up – Here’s What Happened

ThyssenKrupp AG (OTCMKTS:TYEKF)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $12.70, but opened at $13.55. ThyssenKrupp shares last traded at $12.95, with a volume of 600 shares.

ThyssenKrupp Stock Down 5.8%

The firm has a market cap of $7.99 billion, a price-to-earnings ratio of 7.78 and a beta of 0.72. The stock has a 50-day moving average of $11.72 and a 200-day moving average of $11.70. The company has a current ratio of 1.69, a quick ratio of 1.09 and a debt-to-equity ratio of 0.05.

ThyssenKrupp (OTCMKTS:TYEKF) last issued its earnings results on Tuesday, December 9th. The company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.98. ThyssenKrupp had a return on equity of 9.32% and a net margin of 2.86%.The firm had revenue of $9.71 billion for the quarter, compared to analyst estimates of $8.34 billion.

About ThyssenKrupp

ThyssenKrupp AG is a diversified industrial group headquartered in Essen, Germany, with operations spanning multiple continents. The company serves a broad range of end markets, including automotive, construction, mechanical engineering, and logistics. ThyssenKrupp’s global footprint encompasses production facilities, distribution centers and service locations across Europe, the Americas, Asia and the Middle East, enabling it to provide tailored solutions to customers around the world.

The company’s main business activities are organized into several segments.