ThyssenKrupp (TKAMY) Expected to Release Quarterly Earnings on Wednesday

ThyssenKrupp (OTCMKTS:TKAMY) is anticipated to release its results before the market opens on Wednesday, August 12th. Analysts expect the company to announce earnings of $0.0286 per share and revenue of $9.5633 billion for the quarter.

ThyssenKrupp Price Performance

TKAMY opened at $14.54 on Wednesday. The firm has a market cap of $9.05 billion, a PE ratio of 17.73 and a beta of 1.39. The stock has a 50-day moving average price of $13.15 and a 200-day moving average price of $12.03. ThyssenKrupp has a 1 year low of $8.16 and a 1 year high of $17.02. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.66 and a quick ratio of 0.99.

Analyst Ratings Changes

TKAMY has been the subject of a number of analyst reports. Citigroup restated a “buy” rating on shares of ThyssenKrupp in a research note on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ThyssenKrupp in a research note on Wednesday, July 22nd. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, ThyssenKrupp currently has a consensus rating of “Hold”.

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.