thyssenkrupp (ETR:TKA) Trading 6% Higher – Here’s What Happened

thyssenkrupp AG (ETR:TKAGet Free Report)’s share price was up 6% during mid-day trading on Wednesday . The stock traded as high as €10.61 ($11.53) and last traded at €10.04 ($10.91). Approximately 11,455,307 shares traded hands during trading, The stock had previously closed at €9.46 ($10.29).

thyssenkrupp Trading Up 6.0 %

The company has a market capitalization of $6.59 billion, a P/E ratio of -4.38, a PEG ratio of 136.03 and a beta of 1.90. The business has a 50 day moving average price of €7.01 and a 200 day moving average price of €4.81. The company has a current ratio of 1.76, a quick ratio of 1.12 and a debt-to-equity ratio of 15.37.

About thyssenkrupp

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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.

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