ThyssenKrupp (OTCMKTS:TYEKF) Sees Large Volume Increase – Here’s Why

Shares of ThyssenKrupp AG (OTCMKTS:TYEKF) saw unusually-high trading volume on Tuesday . Approximately 1,995 shares traded hands during trading, an increase of 316% from the previous session’s volume of 480 shares.The stock last traded at $11.25 and had previously closed at $11.0840.

ThyssenKrupp Stock Performance

The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.09 and a current ratio of 1.69. The stock has a market cap of $7.00 billion, a P/E ratio of 6.82 and a beta of 0.69. The firm’s 50 day moving average is $10.56 and its 200 day moving average is $11.52.

ThyssenKrupp (OTCMKTS:TYEKF) last announced its quarterly earnings data on Tuesday, December 9th. The company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.98. ThyssenKrupp had a net margin of 2.86% and a return on equity of 9.32%. The firm had revenue of $9.71 billion for the quarter, compared to analyst estimates of $8.34 billion.

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.