ThyssenKrupp (OTCMKTS:TYEKF) Trading Up 8% – What’s Next?

Shares of ThyssenKrupp AG (OTCMKTS:TYEKF) were up 8% during mid-day trading on Tuesday . The stock traded as high as $8.65 and last traded at $8.65. Approximately 500 shares were traded during trading, a decline of 79% from the average daily volume of 2,416 shares. The stock had previously closed at $8.01.

ThyssenKrupp Stock Performance

The firm has a fifty day simple moving average of $11.11 and a 200-day simple moving average of $11.49. The company has a market cap of $5.38 billion, a PE ratio of 8.01 and a beta of 0.91. The company has a quick ratio of 1.01, a current ratio of 1.72 and a debt-to-equity ratio of 0.05.

ThyssenKrupp (OTCMKTS:TYEKF) last issued its quarterly earnings data on Thursday, February 12th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.32) by $0.25. ThyssenKrupp had a return on equity of 9.08% and a net margin of 1.83%.The company had revenue of $8.44 billion for the quarter, compared to analyst estimates of $9.33 billion.

About ThyssenKrupp

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.