|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||9.95 - 9.95|
|52 Week Range||4.56 - 14.40|
|Beta (5Y Monthly)||2.31|
|PE Ratio (TTM)||0.50|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb 04, 2019|
|1y Target Est||N/A|
Thyssenkrupp is considering an initial public offering (IPO) or a deal with a special purpose acquisition company (SPAC) for its hydrogen business, Chief Executive Martina Merz said on Tuesday. A 66-34 joint venture of Thyssenkrupp and Italy's De Nora , Thyssenkrupp Uhde Chlorine Engineers (TKUCE) is the world's largest supplier of chlor-alkali membrane technologies used to produce hydrogen.
German industrial giant Thyssenkrupp on Tuesday raised its full-year outlook for the second time in three months, buoyed by a recovery in demand for steel and car parts.
FRANKFURT (Reuters) -Thyssenkrupp's closely watched cash flow plunged deeper into the red in the second quarter, hit by restructuring costs and investments that overshadowed a guidance upgrade on the back of stronger demand and prices. Shares in the German conglomerate fell as much as 9.6% after the group said that negative free cash flow before mergers and acquisitions (M&S) widened to 750 million euros ($911 million), worse than analysts at Jefferies and JP Morgan had expected. Returning to positive cash flow has been one of the key targets of the submarines-to-bearings group in its efforts to win back confidence among investors and to prove it has a sustainable business model.