ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Receives Consensus Rating of “Hold” from Analysts

Shares of ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) have been given a consensus recommendation of “Hold” by the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company.

A number of research firms have recently commented on TKAMY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ThyssenKrupp in a report on Wednesday. Citigroup reissued a “buy” rating on shares of ThyssenKrupp in a research report on Thursday, May 14th.

ThyssenKrupp Stock Performance

TKAMY stock opened at $13.90 on Monday. ThyssenKrupp has a twelve month low of $8.16 and a twelve month high of $17.02. The firm has a market cap of $8.66 billion, a price-to-earnings ratio of 16.96 and a beta of 1.40. The business’s fifty day simple moving average is $12.94 and its two-hundred day simple moving average is $11.93. The company has a quick ratio of 0.99, a current ratio of 1.66 and a debt-to-equity ratio of 0.05.

About ThyssenKrupp

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.