ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Receives Average Recommendation of “Hold” from Brokerages

Shares of ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) have earned a consensus recommendation of “Hold” from the seven ratings firms that are covering the stock, Marketbeat.com 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 analysts recently issued reports on TKAMY shares. Citigroup reiterated a “buy” rating on shares of ThyssenKrupp in a report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft upgraded shares of ThyssenKrupp from a “buy” rating to a “buy” rating in a report on Thursday, April 30th.

ThyssenKrupp Trading Down 0.9%

Shares of TKAMY stock opened at $11.58 on Thursday. The company has a market cap of $7.21 billion, a PE ratio of 14.12 and a beta of 1.37. The stock’s 50 day simple moving average is $12.25 and its two-hundred day simple moving average is $11.60. 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.

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.