thyssenkrupp (ETR:TKA) Trading Up 1.2% – Here’s Why

thyssenkrupp AG (ETR:TKA) shares shot up 1.2% on Tuesday . The company traded as high as €12.39 and last traded at €12.20. 2,064,498 shares traded hands during mid-day trading, The stock had previously closed at €12.05.

thyssenkrupp Stock Up 0.2%

The company has a debt-to-equity ratio of 8.80, a quick ratio of 1.12 and a current ratio of 1.66. The firm has a fifty day simple moving average of €11.48 and a 200-day simple moving average of €10.37. The firm has a market cap of $8.27 billion, a price-to-earnings ratio of -5.49, a P/E/G ratio of 136.03 and a beta of 1.56.

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.