ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Given Consensus Recommendation of “Hold” by Brokerages

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) has been given an average rating of “Hold” by the six analysts that are presently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company.

A number of brokerages have weighed in on TKAMY. Citigroup reiterated a “buy” rating on shares of ThyssenKrupp in a report on Friday, December 5th. Zacks Research upgraded ThyssenKrupp to a “hold” rating in a report on Friday, November 14th. DZ Bank raised shares of ThyssenKrupp from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 16th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of ThyssenKrupp in a research note on Tuesday.

ThyssenKrupp Trading Down 4.2%

TKAMY traded down $0.49 during midday trading on Tuesday, hitting $11.24. The company’s stock had a trading volume of 25,538 shares, compared to its average volume of 52,404. ThyssenKrupp has a 52-week low of $3.84 and a 52-week high of $17.02. The firm has a 50-day moving average price of $11.94 and a two-hundred day moving average price of $12.22. The company has a current ratio of 1.69, a quick ratio of 1.09 and a debt-to-equity ratio of 0.05. The firm has a market cap of $7.00 billion, a P/E ratio of 6.81 and a beta of 0.97.

ThyssenKrupp (OTCMKTS:TKAMY) last released its earnings results on Tuesday, December 9th. The company reported $1.20 earnings per share (EPS) for the quarter. ThyssenKrupp had a net margin of 2.80% and a return on equity of 9.15%. The business had revenue of $9.68 billion for the quarter, compared to analysts’ expectations of $9.60 billion.

ThyssenKrupp Company Profile

ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.