Shares of ThyssenKrupp AG (OTCMKTS:TYEKF – Get Free Report) saw unusually-high trading volume on Thursday. Approximately 2,349 shares were traded during mid-day trading, an increase of 44% from the average daily volume of 1,635 shares. The stock last traded at $13.31 and had previously closed at $13.95.
ThyssenKrupp Trading Down 4.6%
The firm has a market capitalization of $8.29 billion, a price-to-earnings ratio of 24.65 and a beta of 1.30. The company has a quick ratio of 0.98, a current ratio of 1.62 and a debt-to-equity ratio of 0.05. The business has a 50-day moving average of $16.35 and a two-hundred day moving average of $13.18.
About ThyssenKrupp
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.
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