ThyssenKrupp (OTCMKTS:TKAMY) Shares Gap Up – Should You Buy?

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY)’s share price gapped up prior to trading on Friday . The stock had previously closed at $10.44, but opened at $11.0550. ThyssenKrupp shares last traded at $11.07, with a volume of 1,103 shares changing hands.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. DZ Bank upgraded shares of ThyssenKrupp from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 16th. Zacks Research upgraded ThyssenKrupp to a “hold” rating in a research report on Friday, November 14th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

ThyssenKrupp Stock Performance

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 company has a market cap of $6.87 billion, a price-to-earnings ratio of -7.77 and a beta of 1.06. The stock has a 50 day moving average price of $13.64 and a two-hundred day moving average price of $12.04.

ThyssenKrupp Company Profile

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.