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

ThyssenKrupp AG (OTCMKTS:TYEKF)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $12.60, but opened at $10.9342. ThyssenKrupp shares last traded at $10.9342, with a volume of 125 shares traded.

ThyssenKrupp Trading Down 13.2%

The firm has a market capitalization of $6.81 billion, a price-to-earnings ratio of 10.12 and a beta of 0.72. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.09 and a current ratio of 1.69. The company has a 50-day moving average price of $12.24 and a 200-day moving average price of $11.83.

ThyssenKrupp (OTCMKTS:TYEKF) last released its quarterly earnings results on Thursday, February 12th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.32) by $0.25. ThyssenKrupp had a net margin of 1.83% and a return on equity of 9.21%. The firm had revenue of $8.44 billion during the quarter, compared to the consensus estimate of $9.33 billion.

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.