ThyssenKrupp (OTCMKTS:TYEKF) Shares Gap Up – Should You Buy?

ThyssenKrupp AG (OTCMKTS:TYEKFGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $8.65, but opened at $9.7750. ThyssenKrupp shares last traded at $9.78, with a volume of 485 shares traded.

ThyssenKrupp Trading Up 13.1%

The business’s 50-day moving average price is $11.03 and its two-hundred day moving average price is $11.46. The company has a market capitalization of $6.09 billion, a P/E ratio of 9.06 and a beta of 0.91. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.72 and a quick ratio of 1.01.

ThyssenKrupp (OTCMKTS:TYEKFGet Free Report) last announced its quarterly earnings results on Thursday, February 12th. The company reported ($0.07) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.32) by $0.25. ThyssenKrupp had a net margin of 1.83% and a return on equity of 9.08%. The company had revenue of $8.44 billion for the quarter, compared to analysts’ expectations of $9.33 billion.

About ThyssenKrupp

(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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