ThyssenKrupp (OTCMKTS:TYEKF) Shares Gap Down – Should You Sell?

ThyssenKrupp AG (OTCMKTS:TYEKF – Get Free Report) gapped down before the market opened on Tuesday. The stock had previously closed at $17.2650, but opened at $16.48. ThyssenKrupp shares last traded at $16.48, with a volume of 500 shares.

ThyssenKrupp Price Performance

The company has a market cap of $10.26 billion, a P/E ratio of 30.52 and a beta of 1.24. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.62 and a quick ratio of 0.98. The business’s 50 day moving average price is $15.62 and its 200-day moving average price is $12.91.

ThyssenKrupp Company Profile

(Get Free Report)

thyssenkrupp AG is a Germany-based industrial and technology group headquartered in Essen. Its businesses supply products, systems and services to the automotive, construction, engineering, energy, marine and other industrial sectors. The company’s activities include steel production and processing, materials distribution and supply-chain services, automotive components, marine systems, and technologies supporting the energy transition.

Through its Materials Services business, thyssenkrupp distributes metals, raw materials and related services, while its Steel Europe operations produce flat steel products for industrial customers.

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