Shares of ThyssenKrupp AG (OTCMKTS:TYEKF – Get Free Report) fell 14.9% on Wednesday. The stock traded as low as $13.95 and last traded at $13.95. Approximately 103 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 1,670 shares. The stock had previously closed at $16.40.
ThyssenKrupp Trading Down 14.9%
The business’s fifty day moving average price is $16.38 and its 200 day moving average price is $13.17. The company has a quick ratio of 0.98, a current ratio of 1.62 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $8.68 billion, a PE ratio of 25.83 and a beta of 1.30.
About ThyssenKrupp
thyssenkrupp AG is a Germany-based industrial company with operations serving customers worldwide. Its businesses provide materials, engineering, manufacturing and technology solutions for industries including automotive, construction, machinery, energy and marine defense.
The company’s activities include materials trading and distribution, steel production, automotive components and systems, naval vessels and submarines, and technologies for the energy transition. Its portfolio also includes solutions related to decarbonization, such as electrolyzers and other technologies used in producing low-carbon hydrogen.
thyssenkrupp traces its heritage to the steel and engineering businesses founded by August Thyssen and the Krupp family.
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