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thyssenkrupp (ETR:TKA) Trading Down 0.8% - Here's Why

thyssenkrupp logo with Industrials background

thyssenkrupp AG (ETR:TKA - Get Free Report) dropped 0.8% during mid-day trading on Friday . The company traded as low as €8.99 ($10.58) and last traded at €9.01 ($10.60). Approximately 3,010,151 shares traded hands during mid-day trading, The stock had previously closed at €9.09 ($10.69).

thyssenkrupp Trading Up 0.6%

The stock has a market capitalization of $5.95 billion, a price-to-earnings ratio of -3.95, a PEG ratio of 136.03 and a beta of 1.90. The company has a debt-to-equity ratio of 15.37, a quick ratio of 1.12 and a current ratio of 1.76. The business has a 50-day moving average of €9.12 and a 200-day moving average of €7.36.

About thyssenkrupp

(Get Free Report)

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.

Further Reading

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