ThyssenKrupp (OTCMKTS:TYEKF) Shares Gap Up – Still a Buy?

ThyssenKrupp AG (OTCMKTS:TYEKF) shares gapped up prior to trading on Monday . The stock had previously closed at $11.25, but opened at $11.9450. ThyssenKrupp shares last traded at $11.9450, with a volume of 2,500 shares.

ThyssenKrupp Stock Up 0.7%

The company has a quick ratio of 1.09, a current ratio of 1.69 and a debt-to-equity ratio of 0.05. The company’s fifty day moving average price is $10.61 and its 200-day moving average price is $11.55. The stock has a market capitalization of $7.44 billion, a PE ratio of 7.24 and a beta of 0.69.

ThyssenKrupp (OTCMKTS:TYEKF) last posted its quarterly earnings data on Tuesday, December 9th. The company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.98. The company had revenue of $9.71 billion during the quarter, compared to analyst estimates of $8.34 billion. ThyssenKrupp had a return on equity of 9.32% and a net margin of 2.86%.

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.