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ThyssenKrupp (OTCMKTS:TYEKF) Shares Gap Up - Should You Buy?

ThyssenKrupp logo with Basic Materials background

Key Points

  • ThyssenKrupp's share price opened at $10.44 after previously closing at $10.00, with a trading volume of 325 shares.
  • The company reported quarterly earnings of $0.28 per share, surpassing the consensus estimate, and revenue of $9.73 billion, exceeding expectations by over $1 billion.
  • ThyssenKrupp has a market cap of $6.50 billion and operates through five business segments, including Automotive Technology and Steel Europe.
  • Need better tools to track ThyssenKrupp? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

ThyssenKrupp AG (OTCMKTS:TYEKF - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $10.00, but opened at $10.44. ThyssenKrupp shares last traded at $10.44, with a volume of 325 shares changing hands.

ThyssenKrupp Stock Performance

The firm has a fifty day moving average of $11.21 and a 200-day moving average of $9.94. The firm has a market cap of $6.50 billion, a P/E ratio of -7.35 and a beta of 1.05. The company has a quick ratio of 1.10, a current ratio of 1.76 and a debt-to-equity ratio of 0.05.

ThyssenKrupp (OTCMKTS:TYEKF - Get Free Report) last released its quarterly 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. The company had revenue of $9.73 billion during the quarter, compared to analysts' expectations of $8.62 billion. ThyssenKrupp had a negative net margin of 2.34% and a negative return on equity of 7.72%.

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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