ThyssenKrupp (OTCMKTS:TYEKF) Shares Gap Up – Here’s Why

Shares of ThyssenKrupp AG (OTCMKTS:TYEKFGet Free Report) gapped up prior to trading on Monday . The stock had previously closed at $11.25, but opened at $11.9450. ThyssenKrupp shares last traded at $11.9450, with a volume of 2,500 shares.

ThyssenKrupp Price Performance

The firm has a 50-day moving average of $10.61 and a 200 day moving average of $11.55. The company has a market capitalization of $7.44 billion, a PE ratio of 7.24 and a beta of 0.69. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.69 and a quick ratio of 1.09.

ThyssenKrupp (OTCMKTS:TYEKFGet Free Report) last issued its earnings results on Tuesday, December 9th. The company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.98. The business had revenue of $9.71 billion during the quarter, compared to analyst estimates of $8.34 billion. ThyssenKrupp had a return on equity of 9.32% and a net margin of 2.86%.

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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