ThyssenKrupp (OTCMKTS:TYEKF) Shares Gap Down - Should You Sell?

Key Points

• ThyssenKrupp AG shares experienced a significant decline, opening at $10.14 compared to a previous close of $11.00.
• The company reported a negative return on equity of 9.52% and a negative net margin of 2.98% for the most recent quarter.
• ThyssenKrupp has a market cap of $6.54 billion and a price-to-earnings ratio of -5.83, indicating potential concerns about profitability.

ThyssenKrupp AG (OTCMKTS:TYEKF - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $11.00, but opened at $10.14. ThyssenKrupp shares last traded at $10.50, with a volume of 1,145 shares traded.

ThyssenKrupp Stock Performance

The company has a market cap of $6.54 billion, a price-to-earnings ratio of -5.83 and a beta of 1.05. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.76 and a quick ratio of 1.10. The stock has a 50-day moving average price of $11.20 and a 200 day moving average price of $9.76.

ThyssenKrupp (OTCMKTS:TYEKF - Get Free Report) last released its quarterly earnings results on Wednesday, August 13th. The company reported $0.28 EPS for the quarter. The company had revenue of $9.73 billion for the quarter. ThyssenKrupp had a negative return on equity of 9.52% and a negative net margin of 2.98%.

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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