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ThyssenKrupp (OTCMKTS:TYEKF) Shares Gap Down - Here's Why

ThyssenKrupp logo with Basic Materials background

Shares of ThyssenKrupp AG (OTCMKTS:TYEKF - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $12.81, but opened at $12.40. ThyssenKrupp shares last traded at $12.40, with a volume of 503 shares changing hands.

ThyssenKrupp Price Performance

The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.10 and a current ratio of 1.76. The company has a 50-day moving average of $10.49 and a 200-day moving average of $8.80. The stock has a market cap of $7.87 billion, a price-to-earnings ratio of -7.02 and a beta of 1.07.

ThyssenKrupp Company Profile

(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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