ThyssenKrupp (OTCMKTS:TKAMY) Raised to Strong-Buy at Zacks Research

ThyssenKrupp (OTCMKTS:TKAMY) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday, Zacks reports.

A number of other brokerages have also recently commented on TKAMY. DZ Bank raised shares of ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 21st. Kepler Capital Markets lowered ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 1st. Citigroup reissued a “buy” rating on shares of ThyssenKrupp in a research note on Friday, August 21st. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ThyssenKrupp in a research report on Friday, September 4th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

ThyssenKrupp Price Performance

OTCMKTS:TKAMY opened at $15.53 on Monday. The business’s 50-day moving average is $16.10 and its 200 day moving average is $13.34. ThyssenKrupp has a 12 month low of $8.16 and a 12 month high of $18.16. The company has a market capitalization of $9.67 billion, a P/E ratio of 28.76 and a beta of 1.41. The company has a current ratio of 1.62, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05.

ThyssenKrupp Company Profile

thyssenkrupp AG is a diversified industrial company headquartered in Essen, Germany. Its businesses develop and supply products, technologies and services for industrial, automotive, energy, materials and infrastructure customers worldwide.

The company’s activities include automotive components and systems, materials distribution and processing, steel production, and technologies for the energy transition. thyssenkrupp also operates marine businesses that provide submarines, naval vessels and related systems, as well as engineering and industrial solutions.