ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Receives Average Rating of “Hold” from Brokerages

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) has been assigned a consensus recommendation of “Hold” from the seven research firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company.

TKAMY has been the topic of several research analyst reports. Barclays reiterated an “underweight” rating on shares of ThyssenKrupp in a research report on Monday, February 23rd. Citigroup reissued a “buy” rating on shares of ThyssenKrupp in a research report on Thursday, May 14th. Zacks Research lowered shares of ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft upgraded shares of ThyssenKrupp from a “buy” rating to a “buy” rating in a research report on Thursday, April 30th. Finally, Jefferies Financial Group upgraded shares of ThyssenKrupp from a “hold” rating to a “buy” rating in a research report on Friday, February 20th.

ThyssenKrupp Price Performance

Shares of TKAMY opened at $13.12 on Friday. ThyssenKrupp has a one year low of $8.16 and a one year high of $17.02. The firm has a market capitalization of $8.17 billion, a price-to-earnings ratio of 16.00 and a beta of 1.37. The stock’s fifty day moving average is $11.27 and its 200-day moving average is $11.41. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.01 and a current ratio of 1.72.

About ThyssenKrupp

ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.