ThyssenKrupp (OTCMKTS:TYEKF) Share Price Crosses Below 200-Day Moving Average – Here’s Why

ThyssenKrupp AG (OTCMKTS:TYEKF)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.80 and traded as low as $8.65. ThyssenKrupp shares last traded at $8.7775, with a volume of 4,199 shares traded.

ThyssenKrupp Price Performance

The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.01 and a current ratio of 1.72. The stock has a 50 day simple moving average of $12.10 and a 200-day simple moving average of $11.80.

ThyssenKrupp (OTCMKTS:TYEKF) last released its earnings results on Thursday, February 12th. The company reported ($0.07) EPS for the quarter, topping analysts’ consensus estimates of ($0.32) by $0.25. ThyssenKrupp had a return on equity of 9.08% and a net margin of 1.83%.The firm had revenue of $8.44 billion for the quarter, compared to analysts’ expectations of $9.33 billion.

ThyssenKrupp Company Profile

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.