ThyssenKrupp (OTCMKTS:TYEKF) Shares Gap Up – Time to Buy?

Shares of ThyssenKrupp AG (OTCMKTS:TYEKFGet Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $8.52, but opened at $8.98. ThyssenKrupp shares last traded at $8.98, with a volume of 310 shares changing hands.

ThyssenKrupp Price Performance

The company has a current ratio of 1.72, a quick ratio of 1.01 and a debt-to-equity ratio of 0.05. The company has a market cap of $5.59 billion, a PE ratio of 8.31 and a beta of 0.91. The firm has a 50 day moving average of $11.30 and a two-hundred day moving average of $11.60.

ThyssenKrupp (OTCMKTS:TYEKFGet Free Report) last released its earnings results on Thursday, February 12th. The company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.32) by $0.25. ThyssenKrupp had a return on equity of 9.08% and a net margin of 1.83%.The business had revenue of $8.44 billion for the quarter, compared to the consensus estimate of $9.33 billion.

ThyssenKrupp Company Profile

(Get Free Report)

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.

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