thyssenkrupp (ETR:TKA) Shares Up 5.8% – Here’s Why

thyssenkrupp AG (ETR:TKA) shares were up 5.8% during mid-day trading on Thursday . The company traded as high as €11.39 and last traded at €11.06. Approximately 4,587,151 shares were traded during mid-day trading, The stock had previously closed at €10.45.

thyssenkrupp Stock Performance

The company has a market capitalization of $7.26 billion, a price-to-earnings ratio of -4.82, a PEG ratio of 136.03 and a beta of 1.19. The stock has a 50-day moving average price of €8.78 and a 200-day moving average price of €9.49. The company has a debt-to-equity ratio of 9.01, a current ratio of 1.72 and a quick ratio of 1.12.

About thyssenkrupp

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.