ThyssenKrupp (OTCMKTS:TKAMY) Shares Gap Down – Time to Sell?

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $11.2850, but opened at $10.85. ThyssenKrupp shares last traded at $10.3920, with a volume of 8,655 shares changing hands.

Analyst Ratings Changes

A number of equities research analysts have commented on TKAMY shares. Zacks Research raised shares of ThyssenKrupp to a “hold” rating in a research report on Friday, November 14th. DZ Bank upgraded ThyssenKrupp from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 16th. One 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

ThyssenKrupp Trading Up 2.4%

The company has a market capitalization of $6.65 billion, a P/E ratio of -7.53 and a beta of 1.06. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.09 and a current ratio of 1.73. The stock has a fifty day moving average of $13.64 and a 200 day moving average 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.