ThyssenKrupp (OTCMKTS:TYEKF) Trading Up 8% – What’s Next?

ThyssenKrupp AG (OTCMKTS:TYEKFGet Free Report) shares shot up 8% on Tuesday . The stock traded as high as $8.65 and last traded at $8.65. 500 shares were traded during mid-day trading, a decline of 79% from the average session volume of 2,416 shares. The stock had previously closed at $8.01.

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 stock’s 50-day moving average price is $10.97 and its 200-day moving average price is $11.45. The company has a market cap of $6.09 billion, a P/E ratio of 9.06 and a beta of 0.91.

ThyssenKrupp (OTCMKTS:TYEKFGet Free Report) last posted its quarterly earnings results on Thursday, February 12th. The company reported ($0.07) earnings per share for the quarter, topping analysts’ consensus estimates 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.

Further Reading

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