thyssenkrupp (OTCMKTS:TKAMY) Releases Quarterly Earnings Results

thyssenkrupp (OTCMKTS:TKAMY) announced its quarterly earnings results on Thursday. The company reported ($0.09) EPS for the quarter, Zacks reports. thyssenkrupp had a negative net margin of 4.33% and a negative return on equity of 13.47%.

thyssenkrupp Stock Up 1.6 %

Shares of OTCMKTS:TKAMY traded up $0.08 during trading on Friday, hitting $4.96. The company’s stock had a trading volume of 123,016 shares, compared to its average volume of 30,744. The company has a market capitalization of $3.09 billion, a PE ratio of -1.87 and a beta of 1.99. thyssenkrupp has a fifty-two week low of $3.08 and a fifty-two week high of $5.84. The stock’s 50-day moving average price is $4.40 and its two-hundred day moving average price is $3.92. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.15 and a current ratio of 1.76.

thyssenkrupp Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 12th. Shareholders of record on Tuesday, February 4th were paid a dividend of $0.1552 per share. The ex-dividend date was Tuesday, February 4th. This is a boost from thyssenkrupp’s previous dividend of $0.10. thyssenkrupp’s payout ratio is currently -4.09%.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded thyssenkrupp from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 30th.

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.