ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY – Get Free Report) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 16,675 shares, an increase of 83.1% from the July 15th total of 9,105 shares. Based on an average daily volume of 25,508 shares, the short-interest ratio is currently 0.7 days. Currently, 0.0% of the shares of the stock are sold short.
ThyssenKrupp Price Performance
TKAMY stock opened at $16.12 on Tuesday. The company has a current ratio of 1.66, a quick ratio of 0.99 and a debt-to-equity ratio of 0.05. ThyssenKrupp has a 1 year low of $8.16 and a 1 year high of $17.02. The stock has a market cap of $10.03 billion, a PE ratio of 29.85 and a beta of 1.39. The stock has a 50-day moving average price of $13.41 and a two-hundred day moving average price of $12.18.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on TKAMY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ThyssenKrupp in a report on Wednesday, July 22nd. Citigroup reiterated a “buy” rating on shares of ThyssenKrupp in a research note on Thursday, May 14th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, ThyssenKrupp has an average rating of “Hold”.
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.
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