ThyssenKrupp (OTCMKTS:TYEKF) Sees Strong Trading Volume – Still a Buy?

Shares of ThyssenKrupp AG (OTCMKTS:TYEKF – Get Free Report) saw unusually-high trading volume on Thursday. 2,349 shares traded hands during mid-day trading, an increase of 44% from the average daily volume of 1,635 shares. The stock last traded at $13.31 and had previously closed at $13.95.

ThyssenKrupp Stock Performance

The stock has a market capitalization of $8.29 billion, a P/E ratio of 24.65 and a beta of 1.30. The stock’s 50-day simple moving average is $16.35 and its 200 day simple moving average is $13.18. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.62 and a quick ratio of 0.98.

About ThyssenKrupp

(Get Free Report)

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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