thyssenkrupp (OTCMKTS:TYEKF) Stock Passes Above 50 Day Moving Average – What’s Next?

Shares of thyssenkrupp AG (OTCMKTS:TYEKFGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $3.80 and traded as high as $4.24. thyssenkrupp shares last traded at $4.24, with a volume of 490 shares changing hands.

thyssenkrupp Stock Up 3.7 %

The company has a market capitalization of $2.64 billion, a P/E ratio of -1.60 and a beta of 1.83. The business’s fifty day moving average price is $3.80 and its 200 day moving average price is $3.89. The company has a current ratio of 1.85, a quick ratio of 1.16 and a debt-to-equity ratio of 0.06.

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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