thyssenkrupp (OTCMKTS:TKAMY) Reaches New 12-Month High – Time to Buy?

thyssenkrupp AG (OTCMKTS:TKAMYGet Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as $11.65 and last traded at $11.60, with a volume of 422960 shares. The stock had previously closed at $10.05.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group lowered shares of thyssenkrupp from a “hold” rating to a “strong sell” rating in a report on Thursday, January 30th.

Get Our Latest Analysis on TKAMY

thyssenkrupp Stock Performance

The stock has a 50 day moving average price of $6.11 and a two-hundred day moving average price of $4.60. The company has a current ratio of 1.76, a quick ratio of 1.15 and a debt-to-equity ratio of 0.06. The company has a market cap of $7.22 billion, a price-to-earnings ratio of -5.27 and a beta of 1.85.

thyssenkrupp (OTCMKTS:TKAMYGet Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share for the quarter. The company had revenue of $8.35 billion during the quarter. thyssenkrupp had a negative net margin of 3.63% and a negative return on equity of 11.24%.

thyssenkrupp Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 12th. Stockholders of record on Tuesday, February 4th were paid a $0.1552 dividend. The ex-dividend date of this dividend was Tuesday, February 4th. This is an increase from thyssenkrupp’s previous dividend of $0.10. thyssenkrupp’s dividend payout ratio is -4.09%.

thyssenkrupp Company Profile

(Get Free Report)

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.

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