thyssenkrupp (ETR:TKA) Shares Down 2.7% – Here’s What Happened

thyssenkrupp AG (ETR:TKA)’s stock price dropped 2.7% on Tuesday . The stock traded as low as €11.30 and last traded at €11.43. Approximately 1,593,010 shares traded hands during mid-day trading, The stock had previously closed at €11.75.

thyssenkrupp Trading Up 1.0%

The company’s fifty day moving average is €9.47 and its two-hundred day moving average is €9.70. The stock has a market cap of $7.77 billion, a price-to-earnings ratio of -5.16, a PEG ratio of 136.03 and a beta of 1.51. The company has a quick ratio of 1.12, a current ratio of 1.66 and a debt-to-equity ratio of 8.80.

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.