ThyssenKrupp (OTCMKTS:TYEKF) Shares Gap Up – What’s Next?

Shares of ThyssenKrupp AG (OTCMKTS:TYEKF) gapped up before the market opened on Thursday . The stock had previously closed at $8.52, but opened at $8.98. ThyssenKrupp shares last traded at $8.98, with a volume of 310 shares traded.

ThyssenKrupp Trading Up 5.4%

The company has a market cap of $5.59 billion, a PE ratio of 8.31 and a beta of 0.91. 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 50 day moving average price of $11.30 and a 200 day moving average price of $11.60.

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

About ThyssenKrupp

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.