thyssenkrupp (ETR:TKA) Stock Price Up 6% – What’s Next?

thyssenkrupp AG (ETR:TKAGet Free Report) rose 6% on Wednesday . The stock traded as high as €10.61 ($11.65) and last traded at €10.04 ($11.03). Approximately 11,455,307 shares were traded during trading, The stock had previously closed at €9.46 ($10.40).

thyssenkrupp Price Performance

The business has a 50-day moving average of €7.13 and a two-hundred day moving average of €4.84. The company has a current ratio of 1.76, a quick ratio of 1.12 and a debt-to-equity ratio of 15.37. The firm has a market cap of $6.05 billion, a P/E ratio of -4.02, a price-to-earnings-growth ratio of 136.03 and a beta of 1.90.

About thyssenkrupp

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thyssenkrupp AG operates as an industrial and technology company in Germany and internationally. It operates through five segments: Automotive Technology, Decarbon Technologies, Materials Services, Steel Europe, and Marine Systems. The Automotive Technology segment offers components, systems, and automation solutions for vehicle manufacturing, such as axle assembly, body in white, camshafts and electric engine components, dampers, dies, springs and stabilizers, crankshafts and conrods, steering, and undercarriages.

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