thyssenkrupp (ETR:TKA) Stock Price Down 2.6% – Time to Sell?

Shares of thyssenkrupp AG (ETR:TKAGet Free Report) traded down 2.6% on Tuesday . The company traded as low as €3.23 ($3.55) and last traded at €3.33 ($3.66). 3,158,520 shares changed hands during mid-day trading, The stock had previously closed at €3.42 ($3.76).

thyssenkrupp Trading Down 2.6 %

The company has a debt-to-equity ratio of 12.91, a current ratio of 1.85 and a quick ratio of 1.12. The company has a market cap of $2.07 billion, a price-to-earnings ratio of -0.84, a PEG ratio of 136.03 and a beta of 1.90. The business’s 50-day simple moving average is €3.21 and its 200-day simple moving average is €4.05.

thyssenkrupp Company Profile

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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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