ThyssenKrupp (OTCMKTS:TKAMY) Issues Earnings Results

ThyssenKrupp (OTCMKTS:TKAMY) posted its quarterly earnings data on Tuesday. The company reported $1.20 earnings per share for the quarter, Zacks reports. ThyssenKrupp had a negative return on equity of 7.90% and a negative net margin of 2.40%.

ThyssenKrupp Trading Up 0.9%

TKAMY stock opened at $11.04 on Tuesday. ThyssenKrupp has a 1-year low of $3.84 and a 1-year high of $17.02. The company has a current ratio of 1.73, a quick ratio of 1.09 and a debt-to-equity ratio of 0.06. The business’s 50 day moving average is $13.53 and its 200-day moving average is $12.09. The firm has a market cap of $6.87 billion, a P/E ratio of -7.77 and a beta of 1.07.

Analyst Ratings Changes

TKAMY has been the topic of several research analyst reports. Citigroup restated a “buy” rating on shares of ThyssenKrupp in a research report on Friday. Zacks Research raised ThyssenKrupp to a “hold” rating in a report on Friday, November 14th. Finally, DZ Bank raised ThyssenKrupp from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, ThyssenKrupp has an average rating of “Hold”.

About ThyssenKrupp

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.