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

Key Points

• ThyssenKrupp AG's shares gapped down from $14.76 to $14.00 at market opening, reflecting a decline of 5.1%.
• The company reported a quarterly earnings per share of $0.28, exceeding analysts' expectations, alongside a revenue of $9.73 billion, surpassing the consensus estimate of $8.62 billion.
• ThyssenKrupp has a market capitalization of $8.72 billion and operates five segments including Automotive Technology and Decarbon Technologies.

ThyssenKrupp AG (OTCMKTS:TYEKF - Get Free Report)'s stock price gapped down before the market opened on Thursday . The stock had previously closed at $14.76, but opened at $14.00. ThyssenKrupp shares last traded at $14.00, with a volume of 600 shares.

ThyssenKrupp Stock Down 5.1%

The firm has a market cap of $8.72 billion, a price-to-earnings ratio of -9.86 and a beta of 1.05. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.73 and a quick ratio of 1.09. The stock has a 50-day moving average of $11.75 and a 200-day moving average of $11.01.

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 analysts' consensus estimates 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 firm had revenue of $9.73 billion for the quarter, compared to the consensus estimate 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.

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