ThyssenKrupp AG (OTCMKTS:TYEKF – Get Free Report)’s share price gapped up before the market opened on Thursday following a better than expected earnings announcement. The stock had previously closed at $12.70, but opened at $13.55. ThyssenKrupp shares last traded at $12.95, with a volume of 600 shares traded.
The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.32) by $0.25. ThyssenKrupp had a net margin of 1.83% and a return on equity of 9.21%. The company had revenue of $8.44 billion during the quarter, compared to analysts’ expectations of $9.33 billion.
ThyssenKrupp Stock Performance
The company has a quick ratio of 1.09, a current ratio of 1.69 and a debt-to-equity ratio of 0.05. The business has a 50-day moving average of $11.81 and a 200-day moving average of $11.71.
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.
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