thyssenkrupp (ETR:TKA) Trading 3% Higher - Time to Buy?

Key Points

• Shares jumped 3% intraday to €8.28 (high €8.38) on about 3.11 million shares traded, but the stock remains below its 50‑ and 200‑day moving averages (~€10.14/€10.12).
• Fundamentals show a market cap of $5.44 billion, a negative P/E (−3.61) and a very high debt‑to‑equity ratio (9.01), indicating losses and heavy leverage.
• thyssenkrupp is an industrial and technology group operating five segments, including Automotive Technology, Decarbon Technologies, Materials Services, Steel Europe, and Marine Systems.

Shares of thyssenkrupp AG (ETR:TKA - ) rose 3% during trading on Thursday . The company traded as high as €8.38 and last traded at €8.28. Approximately 3,108,568 shares traded hands during mid-day trading, The stock had previously closed at €8.04.

thyssenkrupp Stock Up 3.0%

The stock's fifty day moving average price is €10.14 and its 200 day moving average price is €10.12. The company has a current ratio of 1.72, a quick ratio of 1.12 and a debt-to-equity ratio of 9.01. The stock has a market cap of $5.44 billion, a P/E ratio of -3.61, a price-to-earnings-growth ratio of 136.03 and a beta of 1.19.

thyssenkrupp Company Profile

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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