ThyssenKrupp (OTCMKTS:TYEKF) Shares Cross Below 200 Day Moving Average – Here’s Why

ThyssenKrupp AG (OTCMKTS:TYEKF) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.80 and traded as low as $8.65. ThyssenKrupp shares last traded at $8.7775, with a volume of 4,199 shares traded.

ThyssenKrupp Price Performance

The stock’s 50-day moving average price is $12.02 and its 200-day moving average price is $11.78. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.72 and a quick ratio of 1.01.

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

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.