thyssenkrupp (ETR:TKA) Shares Up 1.2% – Here’s Why

Shares of thyssenkrupp AG (ETR:TKAGet Free Report) rose 1.2% during trading on Tuesday . The company traded as high as €12.39 and last traded at €12.20. Approximately 2,064,498 shares were traded during mid-day trading, The stock had previously closed at €12.05.

thyssenkrupp Price Performance

The firm has a market capitalization of $8.01 billion, a PE ratio of -5.32, a price-to-earnings-growth ratio of 136.03 and a beta of 1.56. The stock’s 50 day simple moving average is €11.46 and its two-hundred day simple moving average is €10.35. The company has a debt-to-equity ratio of 8.80, a quick ratio of 1.12 and a current ratio of 1.66.

thyssenkrupp Company Profile

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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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