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

ThyssenKrupp AG (OTCMKTS:TYEKFGet Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $11.90, but opened at $13.00. ThyssenKrupp shares last traded at $13.00, with a volume of 101 shares changing hands.

ThyssenKrupp Stock Performance

The firm’s fifty day simple moving average is $10.03 and its 200 day simple moving average is $10.93. The company has a market capitalization of $8.01 billion, a PE ratio of 11.92 and a beta of 1.19. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.72 and a quick ratio of 1.01.

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