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

ThyssenKrupp AG (OTCMKTS:TYEKF)’s share price gapped up prior to trading on Monday . The stock had previously closed at $11.90, but opened at $12.50. ThyssenKrupp shares last traded at $12.50, with a volume of 250 shares.

ThyssenKrupp Stock Performance

The firm has a 50 day moving average of $11.46 and a 200-day moving average of $10.64. The stock has a market capitalization of $7.78 billion, a PE ratio of -8.80 and a beta of 1.12. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.09 and a current ratio of 1.73.

ThyssenKrupp (OTCMKTS:TYEKF) last announced its quarterly earnings data on Wednesday, August 13th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.05. The firm had revenue of $9.73 billion during the quarter, compared to the consensus estimate of $8.62 billion. ThyssenKrupp had a negative return on equity of 7.71% and a negative net margin of 2.34%.

About ThyssenKrupp

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.