ThyssenKrupp (OTCMKTS:TYEKF) Reaches New 12-Month High - Time to Buy?

Key Points

• ThyssenKrupp AG has reached a new 52-week high, trading at $13.90, a significant increase from its previous close of $13.23.
• The company's most recent earnings report showed $9.73 billion in revenue, surpassing analysts' expectations of $8.62 billion, and earnings per share of $0.28.
• ThyssenKrupp operates in multiple sectors including Automotive Technology, Decarbon Technologies, and Steel Europe, positioning itself as a diversified industrial and technology company.

ThyssenKrupp AG (OTCMKTS:TYEKF - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $13.90 and last traded at $13.90, with a volume of 2125 shares traded. The stock had previously closed at $13.23.

ThyssenKrupp Stock Down 3.1%

The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.09 and a current ratio of 1.73. The company has a market capitalization of $8.39 billion, a price-to-earnings ratio of -9.49 and a beta of 1.12. The firm's 50-day simple moving average is $11.58 and its 200-day simple moving average is $10.78.

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

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.