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ThyssenKrupp (OTCMKTS:TYEKF) Hits New 12-Month High - Still a Buy?

ThyssenKrupp logo with Basic Materials background

Key Points

  • ThyssenKrupp AG reached a new 52-week high of $14.45 during trading, with a volume of 210 shares exchanged, indicating strong market interest.
  • The company reported quarterly earnings of $0.28 EPS, surpassing analyst expectations of $0.23, and generated revenue of $9.73 billion compared to the estimate of $8.62 billion.
  • ThyssenKrupp has a market cap of $9.00 billion, a negative PE ratio of -10.18, and relatively low debt with a debt-to-equity ratio of 0.05, suggesting a cautious financial health outlook.
  • Interested in ThyssenKrupp? Here are five stocks we like better.

ThyssenKrupp AG (OTCMKTS:TYEKF - Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $14.45 and last traded at $14.45, with a volume of 210 shares changing hands. The stock had previously closed at $13.75.

ThyssenKrupp Trading Up 5.1%

The stock has a 50-day moving average of $11.64 and a 200 day moving average of $10.84. The stock has a market cap of $9.00 billion, a PE ratio of -10.18 and a beta of 1.12. The company has a quick ratio of 1.09, a current ratio of 1.73 and a debt-to-equity ratio of 0.05.

ThyssenKrupp (OTCMKTS:TYEKF - Get Free Report) last released its quarterly earnings data on Wednesday, August 13th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.23 by $0.05. ThyssenKrupp had a negative return on equity of 7.71% and a negative net margin of 2.34%.The business had revenue of $9.73 billion for the quarter, compared to analyst estimates of $8.62 billion.

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.

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