thyssenkrupp (ETR:TKA) Trading Up 7% – What’s Next?

thyssenkrupp AG (ETR:TKA) shares traded up 7% on Wednesday . The stock traded as high as €6.09 ($6.34) and last traded at €6.00 ($6.25). 12,708,851 shares were traded during mid-day trading, The stock had previously closed at €5.61 ($5.84).

thyssenkrupp Stock Up 7.0 %

The company has a current ratio of 1.76, a quick ratio of 1.12 and a debt-to-equity ratio of 15.37. The firm has a market capitalization of $3.94 billion, a PE ratio of -2.62, a price-to-earnings-growth ratio of 136.03 and a beta of 1.90. The firm has a 50-day moving average of €4.28 and a two-hundred day moving average of €3.68.

thyssenkrupp Company Profile

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.