ThyssenKrupp (OTCMKTS:TYEKF) Shares Gap Down – Should You Sell?

ThyssenKrupp AG (OTCMKTS:TYEKF – Get Free Report)’s share price gapped down before the market opened on Monday. The stock had previously closed at $16.40, but opened at $14.08. ThyssenKrupp shares last traded at $14.08, with a volume of 276 shares trading hands.

ThyssenKrupp Stock Down 14.0%

The company has a debt-to-equity ratio of 0.05, a current ratio of 1.62 and a quick ratio of 0.98. The company’s 50-day simple moving average is $16.43 and its 200 day simple moving average is $13.16. The firm has a market cap of $8.78 billion, a P/E ratio of 26.11 and a beta of 1.30.

ThyssenKrupp Company Profile

(Get Free Report)

thyssenkrupp AG is a Germany-based industrial company with operations serving customers worldwide. Its businesses provide materials, engineering, manufacturing and technology solutions for industries including automotive, construction, machinery, energy and marine defense.

The company’s activities include materials trading and distribution, steel production, automotive components and systems, naval vessels and submarines, and technologies for the energy transition. Its portfolio also includes solutions related to decarbonization, such as electrolyzers and other technologies used in producing low-carbon hydrogen.

thyssenkrupp traces its heritage to the steel and engineering businesses founded by August Thyssen and the Krupp family.

Featured Articles

Receive News & Ratings for ThyssenKrupp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ThyssenKrupp and related companies with MarketBeat.com's FREE daily email newsletter.