ThyssenKrupp (OTCMKTS:TKAMY) Trading 5.3% Higher – Still a Buy?

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) was up 5.3% during mid-day trading on Monday . The company traded as high as $10.99 and last traded at $10.99. Approximately 14,269 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 82,754 shares. The stock had previously closed at $10.44.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. DZ Bank upgraded ThyssenKrupp from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 16th. Zacks Research upgraded shares of ThyssenKrupp to a “hold” rating in a research note on Friday, November 14th. Finally, Citigroup reiterated a “buy” rating on shares of ThyssenKrupp in a report on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

ThyssenKrupp Stock Up 0.6%

The firm’s fifty day moving average is $13.06 and its 200-day moving average is $12.11. The company has a market capitalization of $6.52 billion, a P/E ratio of 6.35 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.

ThyssenKrupp (OTCMKTS:TKAMY) last issued its earnings results on Tuesday, December 9th. The company reported $1.20 earnings per share for the quarter. The firm had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.60 billion. ThyssenKrupp had a net margin of 2.80% and a return on equity of 9.26%.

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.