ThyssenKrupp (OTCMKTS:TYEKF) Shares Gap Down – Should You Sell?

ThyssenKrupp AG (OTCMKTS:TYEKF – Get Free Report)’s stock price gapped down prior to trading on Monday. The stock had previously closed at $16.40, but opened at $14.08. ThyssenKrupp shares last traded at $14.08, with a volume of 276 shares traded.

ThyssenKrupp Stock Performance

The business has a 50 day moving average of $16.43 and a 200 day moving average of $13.16. The company has a market capitalization of $8.78 billion, a P/E ratio of 26.11 and a beta of 1.30. The company has a quick ratio of 0.98, a current ratio of 1.62 and a debt-to-equity ratio of 0.05.

ThyssenKrupp Company Profile

(Get Free Report)

thyssenkrupp AG is a Germany-based industrial company with operations serving customers worldwide. Its businesses provide materials, engineering, manufacturing and technology solutions for industries including automotive, construction, machinery, energy and marine defense.

The company’s activities include materials trading and distribution, steel production, automotive components and systems, naval vessels and submarines, and technologies for the energy transition. Its portfolio also includes solutions related to decarbonization, such as electrolyzers and other technologies used in producing low-carbon hydrogen.

thyssenkrupp traces its heritage to the steel and engineering businesses founded by August Thyssen and the Krupp family.

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