thyssenkrupp (ETR:TKA) Shares Up 1.7% – Here’s Why

thyssenkrupp AG (ETR:TKAGet Free Report)’s share price was up 1.7% during trading on Thursday . The company traded as high as €8.85 and last traded at €8.82. Approximately 2,514,805 shares were traded during mid-day trading, The stock had previously closed at €8.67.

thyssenkrupp Stock Performance

The business has a 50 day simple moving average of €9.28 and a 200 day simple moving average of €9.81. The company has a quick ratio of 1.12, a current ratio of 1.72 and a debt-to-equity ratio of 9.01. The company has a market capitalization of $5.79 billion, a PE ratio of -3.85, a PEG ratio of 136.03 and a beta of 1.19.

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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