thyssenkrupp (OTCMKTS:TYEKF) Sets New 52-Week High – Here’s Why

Shares of thyssenkrupp AG (OTCMKTS:TYEKF) reached a new 52-week high during trading on Tuesday . The stock traded as high as $6.34 and last traded at $6.10, with a volume of 11593 shares changing hands. The stock had previously closed at $4.80.

thyssenkrupp Trading Up 27.1 %

The firm has a market capitalization of $3.80 billion, a PE ratio of -2.30 and a beta of 1.82. The company’s 50-day simple moving average is $4.33 and its 200 day simple moving average is $3.85. The company has a quick ratio of 1.16, a current ratio of 1.85 and a debt-to-equity ratio of 0.06.

thyssenkrupp (OTCMKTS:TYEKF) last released its quarterly earnings results on Thursday, February 13th. The company reported ($0.09) EPS for the quarter. The firm had revenue of $8.35 billion for the quarter. thyssenkrupp had a negative net margin of 4.33% and a negative return on equity of 13.11%.

thyssenkrupp Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Tuesday, February 4th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, February 3rd. This represents a dividend yield of 3.87%.

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.