thyssenkrupp AG (TKA.DE) Stock Price

Financial Performance

thyssenkrupp AG's financial performance has been relatively poor in the recent quarter. The company reported a decline in revenue of -2% from the previous quarter, and their gross profit also saw a significant decrease of -86.7%. Their operating income profit was negative, indicating that they are making losses at an operational level. This is further confirmed by their EBITDA ratio of -0.03 and PE ratio of -3.74, which indicate low profitability.

Stock Price

Despite these challenges, thyssenkrupp AG's stock price has seen robust growth recently with an increase of 83.5% over the past month and 58.3% year over year, reflecting a positive market sentiment towards this stock. However, it is important to note that the RSI value currently stands at 82.76 suggesting that the stock may be overbought and could face potential correction or downturn.

Alternative Data Signals

The alternative data signals present a mixed picture for thyssenkrupp AG. On one hand, web traffic to thyssenkrupp AG's site has increased significantly both month-over-month and year-over-year which might suggest greater interest or engagement with the company’s products or services from consumers or investors alike. Similarly, social media followers on platforms like Instagram and TikTok have shown steady growth which might reflect improved brand visibility and consumer engagement.

On the other hand, there is a slight reduction in job openings indicating potentially slower expansion or hiring activities within the firm while employee business outlook remains moderately positive.

Conclusion

In conclusion, while there are some promising signs such as strong stock price growth and increased web traffic, the underlying financial performance of thyssenkrupp AG is concerning. This combined with mixed signals from alternative data sources leads to a neutral outlook on the stock.

Note: This AI Stock Analysis is based on data as of February 28. Our members can refresh and get access to an up-to-date AI stock analysis.

Sign up

Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of thyssenkrupp AG (TKA.DE), currently trading at €11.27, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.