thyssenkrupp (ETR:TKA) Stock Price Breaks Above 50 Day Moving Average – Should You Sell?

Shares of thyssenkrupp AG (ETR:TKA – Get Free Report) passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of €14.32 and traded as high as €14.78. thyssenkrupp shares last traded at €14.68, with a volume of 3,062,485 shares trading hands.

thyssenkrupp Stock Performance

The company has a market capitalization of $8.00 billion, a price-to-earnings ratio of -5.31, a price-to-earnings-growth ratio of 136.03 and a beta of 1.58. The stock has a 50-day simple moving average of €14.32 and a 200-day simple moving average of €11.47. The company has a current ratio of 1.62, a quick ratio of 1.12 and a debt-to-equity ratio of 7.95.

About thyssenkrupp

(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.

Further Reading

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