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

ThyssenKrupp AG (OTCMKTS:TYEKF – Get Free Report)’s share price gapped up prior to trading on Tuesday. The stock had previously closed at $15.4438, but opened at $16.40. ThyssenKrupp shares last traded at $16.40, with a volume of 170 shares traded.

ThyssenKrupp Price Performance

The company’s 50-day moving average is $16.39 and its 200 day moving average is $13.11. The company has a market capitalization of $10.21 billion, a PE ratio of 30.37 and a beta of 1.24. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 1.62.

About ThyssenKrupp

(Get Free Report)

thyssenkrupp AG is a Germany-based industrial company with operations serving customers worldwide. Its businesses provide materials, engineering, manufacturing and technology solutions for industries including automotive, construction, machinery, energy and marine defense.

The company’s activities include materials trading and distribution, steel production, automotive components and systems, naval vessels and submarines, and technologies for the energy transition. Its portfolio also includes solutions related to decarbonization, such as electrolyzers and other technologies used in producing low-carbon hydrogen.

thyssenkrupp traces its heritage to the steel and engineering businesses founded by August Thyssen and the Krupp family.

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