ThyssenKrupp (OTCMKTS:TYEKF) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

ThyssenKrupp AG (OTCMKTS:TYEKF)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.14 and traded as low as $10.15. ThyssenKrupp shares last traded at $10.15, with a volume of 118 shares trading hands.

ThyssenKrupp Trading Down 0.0%

The company has a current ratio of 1.72, a quick ratio of 1.01 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $6.32 billion, a PE ratio of 9.40 and a beta of 0.91. The firm has a 50-day moving average price of $10.18 and a 200-day moving average price of $11.14.

ThyssenKrupp (OTCMKTS:TYEKF) last posted its quarterly earnings results on Thursday, February 12th. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.32) by $0.25. The company had revenue of $8.44 billion during the quarter, compared to the consensus estimate of $9.33 billion. ThyssenKrupp had a return on equity of 9.08% and a net margin of 1.83%.

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.