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thyssenkrupp (ETR:TKA) Trading 7% Higher - Time to Buy?

thyssenkrupp logo with Industrials background

thyssenkrupp AG (ETR:TKA - Get Free Report) shares rose 7% on Wednesday . The company traded as high as €6.09 ($6.34) and last traded at €6.00 ($6.25). Approximately 12,708,851 shares traded hands during trading, The stock had previously closed at €5.61 ($5.84).

thyssenkrupp Stock Performance

The business has a fifty day simple moving average of €4.34 and a two-hundred day simple moving average of €3.71. The company has a market cap of $3.91 billion, a P/E ratio of -2.59, a P/E/G ratio of 136.03 and a beta of 1.90. The company has a quick ratio of 1.12, a current ratio of 1.76 and a debt-to-equity ratio of 15.37.

thyssenkrupp Company Profile

(Get Free Report)

thyssenkrupp AG operates as an industrial and technology company in Germany and internationally. It operates through five segments: Automotive Technology, Decarbon Technologies, Materials Services, Steel Europe, and Marine Systems. The Automotive Technology segment offers components, systems, and automation solutions for vehicle manufacturing, such as axle assembly, body in white, camshafts and electric engine components, dampers, dies, springs and stabilizers, crankshafts and conrods, steering, and undercarriages.

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