THYSSENKRUPP AG/S (OTCMKTS:TKAMY) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Thursday.

According to Zacks, “ThyssenKrupp AG engages in the production of steel. It operates through the following business areas Components Technology, Elevator Technology, Industrial Solutions, Materials Services, Steel Europe and Steel Americas. Components Technology business area offers components for the automotive, construction and engineering sectors. Elevator Technology business area constructs and modernizes elevators, escalators, moving walks, stair and platform lifts, and passenger boarding bridges. Industrial Solutions business area is an international supplier in special and large-scale plant construction as well as naval shipbuilding. Materials Services business area distributes materials and provides complex technical services for the production and manufacturing sectors. Steel Europe business area involves in the flat carbon steel activities. Steel America business area produces, processes, and markets steel products in North and South America. ThyssenKrupp AG is headquartered in Essen, Germany. “

Separately, ValuEngine raised shares of THYSSENKRUPP AG/S from a “sell” rating to a “hold” rating in a research note on Tuesday.

Shares of OTCMKTS:TKAMY opened at $23.42 on Thursday. THYSSENKRUPP AG/S has a 52 week low of $21.67 and a 52 week high of $32.93. The firm has a market capitalization of $15.71 billion, a price-to-earnings ratio of 57.11 and a beta of 1.20.

THYSSENKRUPP AG/S (OTCMKTS:TKAMY) last issued its quarterly earnings data on Wednesday, August 8th. The company reported ($0.49) EPS for the quarter. THYSSENKRUPP AG/S had a return on equity of 0.48% and a net margin of 0.66%. The business had revenue of $10.75 billion during the quarter, compared to analysts’ expectations of $13.24 billion. As a group, sell-side analysts anticipate that THYSSENKRUPP AG/S will post 0.27 earnings per share for the current fiscal year.

THYSSENKRUPP AG/S Company Profile

thyssenkrupp AG operates in the areas of mechanical, plant, and materials technologies in Germany and internationally. The company's Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines. Its Elevator Technology segment is involved in the construction, modernization, and servicing of elevators, escalators, moving walks, and stairs and platform lifts, as well as passenger boarding bridges.

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