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

ThyssenKrupp AG (OTCMKTS:TYEKF)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $8.65, but opened at $9.7750. ThyssenKrupp shares last traded at $9.78, with a volume of 485 shares traded.

ThyssenKrupp Trading Up 13.1%

The company has a quick ratio of 1.01, a current ratio of 1.72 and a debt-to-equity ratio of 0.05. The business’s fifty day moving average is $11.03 and its 200 day moving average is $11.46. The firm has a market capitalization of $6.09 billion, a price-to-earnings ratio of 9.06 and a beta of 0.91.

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

ThyssenKrupp Company Profile

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.