ThyssenKrupp (OTCMKTS:TYEKF) Announces Quarterly Earnings Results

Key Points

• ThyssenKrupp reported quarterly earnings of $0.28 per share, but faced challenges with a -9.52% return on equity and a -2.98% net margin.
• The company's stock price remained stable at $11.00 during midday trading, with a market capitalization of $6.85 billion.
• ThyssenKrupp operates in five segments, including Automotive Technology and Materials Services, providing various components and solutions for vehicle manufacturing.

ThyssenKrupp (OTCMKTS:TYEKF - Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.28 earnings per share (EPS) for the quarter, Zacks reports. ThyssenKrupp had a negative return on equity of 9.52% and a negative net margin of 2.98%.

ThyssenKrupp Stock Performance

TYEKF remained flat at $11.00 during midday trading on Wednesday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.76 and a quick ratio of 1.10. ThyssenKrupp has a 1 year low of $3.10 and a 1 year high of $13.32. The company has a market cap of $6.85 billion, a price-to-earnings ratio of -6.11 and a beta of 1.05. The company's fifty day moving average is $11.17 and its 200 day moving average is $9.75.

About ThyssenKrupp

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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