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

ThyssenKrupp AG (OTCMKTS:TYEKFGet Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $9.5970, but opened at $10.2180. ThyssenKrupp shares last traded at $10.2180, with a volume of 200 shares trading hands.

ThyssenKrupp Price Performance

The stock has a 50 day moving average of $10.75 and a 200-day moving average of $11.34. The company has a current ratio of 1.72, a quick ratio of 1.01 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $6.36 billion, a P/E ratio of 9.46 and a beta of 0.91.

ThyssenKrupp (OTCMKTS:TYEKFGet Free Report) last released its 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 return on equity of 9.08% and a net margin of 1.83%.The business had revenue of $8.44 billion for the quarter, compared to analyst estimates 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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