thyssenkrupp (ETR:TKA) Shares Down 2.7% – What’s Next?

Shares of thyssenkrupp AG (ETR:TKA) fell 2.7% on Tuesday . The stock traded as low as €11.30 and last traded at €11.43. 1,593,010 shares traded hands during mid-day trading, The stock had previously closed at €11.75.

thyssenkrupp Stock Performance

The company has a 50-day moving average price of €9.32 and a two-hundred day moving average price of €9.67. The company has a current ratio of 1.66, a quick ratio of 1.12 and a debt-to-equity ratio of 8.80. The stock has a market capitalization of $7.50 billion, a P/E ratio of -4.98, a price-to-earnings-growth ratio of 136.03 and a beta of 1.51.

thyssenkrupp Company Profile

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.