ThyssenKrupp AG (OTCMKTS:TYEKF – Get Free Report) gapped up before the market opened on Thursday after the company announced better than expected quarterly earnings. The stock had previously closed at $12.70, but opened at $13.55. ThyssenKrupp shares last traded at $12.95, with a volume of 600 shares trading hands.
The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.32) by $0.25. The business had revenue of $8.44 billion during the quarter, compared to the consensus estimate of $9.33 billion. ThyssenKrupp had a net margin of 1.83% and a return on equity of 9.21%.
ThyssenKrupp Price Performance
The firm’s 50 day moving average price is $11.81 and its two-hundred day moving average price is $11.71. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.69 and a quick ratio of 1.09.
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.
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