thyssenkrupp (ETR:TKA) Stock Price Up 0.7% – Should You Buy?

thyssenkrupp AG (ETR:TKAGet Free Report) shares were up 0.7% during mid-day trading on Tuesday . The stock traded as high as €10.62 and last traded at €10.56. 1,265,782 shares were traded during mid-day trading, The stock had previously closed at €10.49.

thyssenkrupp Price Performance

The stock’s 50-day simple moving average is €10.37 and its 200 day simple moving average is €9.89. The company has a quick ratio of 1.12, a current ratio of 1.66 and a debt-to-equity ratio of 8.80. The company has a market cap of $6.94 billion, a price-to-earnings ratio of -4.61, a PEG ratio of 136.03 and a beta of 1.56.

About thyssenkrupp

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thyssenkrupp AG operates as an industrial and technology company in Germany and internationally. It operates through five segments: Automotive Technology, Decarbon Technologies, Materials Services, Steel Europe, and Marine Systems. The Automotive Technology segment offers components, systems, and automation solutions for vehicle manufacturing, such as axle assembly, body in white, camshafts and electric engine components, dampers, dies, springs and stabilizers, crankshafts and conrods, steering, and undercarriages.

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