ThyssenKrupp (OTCMKTS:TYEKF) Shares Gap Down – Here’s Why

ThyssenKrupp AG (OTCMKTS:TYEKF)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $8.85, but opened at $8.00. ThyssenKrupp shares last traded at $8.00, with a volume of 200 shares changing hands.

ThyssenKrupp Trading Down 0.1%

The company has a quick ratio of 1.01, a current ratio of 1.72 and a debt-to-equity ratio of 0.05. The firm’s 50 day moving average is $11.38 and its two-hundred day moving average is $11.62. The stock has a market cap of $4.98 billion, a price-to-earnings ratio of 7.41 and a beta of 0.71.

ThyssenKrupp (OTCMKTS:TYEKF) last issued its earnings results on Thursday, February 12th. The company reported ($0.07) EPS for the quarter, beating analysts’ consensus estimates of ($0.32) by $0.25. The company had revenue of $8.44 billion during the quarter, compared to the consensus estimate of $9.33 billion. ThyssenKrupp had a return on equity of 9.08% and a net margin of 1.83%.

ThyssenKrupp Company Profile

ThyssenKrupp AG is a diversified industrial group headquartered in Essen, Germany, with operations spanning multiple continents. The company serves a broad range of end markets, including automotive, construction, mechanical engineering, and logistics. ThyssenKrupp’s global footprint encompasses production facilities, distribution centers and service locations across Europe, the Americas, Asia and the Middle East, enabling it to provide tailored solutions to customers around the world.

The company’s main business activities are organized into several segments.