ThyssenKrupp (OTCMKTS:TYEKF) Trading Up 12.9% – Here’s Why

ThyssenKrupp AG (OTCMKTS:TYEKF) was up 12.9% during mid-day trading on Tuesday . The company traded as high as $13.60 and last traded at $13.60. Approximately 600 shares traded hands during trading, a decline of 65% from the average daily volume of 1,738 shares. The stock had previously closed at $12.05.

ThyssenKrupp Trading Up 12.9%

The business has a 50 day simple moving average of $10.25 and a 200-day simple moving average of $11.00. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.01 and a current ratio of 1.72. The stock has a market capitalization of $8.47 billion, a P/E ratio of 16.59 and a beta of 1.19.

About ThyssenKrupp

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.