thyssenkrupp (OTCMKTS:TYEKF) Shares Up 12.4% – Still a Buy?

thyssenkrupp AG (OTCMKTS:TYEKFGet Free Report)’s share price rose 12.4% on Thursday . The stock traded as high as $4.65 and last traded at $4.59. Approximately 6,094 shares traded hands during mid-day trading, an increase of 116% from the average daily volume of 2,826 shares. The stock had previously closed at $4.08.

thyssenkrupp Price Performance

The company has a quick ratio of 1.16, a current ratio of 1.85 and a debt-to-equity ratio of 0.06. The stock’s 50 day moving average price is $3.76 and its two-hundred day moving average price is $3.91. The firm has a market capitalization of $2.80 billion, a price-to-earnings ratio of -1.70 and a beta of 1.83.

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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