ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) have received a consensus rating of “Hold” from the eight brokerages that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has issued a strong buy rating on the company.

TKAMY has been the topic of several recent research reports. Kepler Capital Markets lowered shares of ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ThyssenKrupp in a research report on Friday, September 4th. Citigroup restated a “buy” rating on shares of ThyssenKrupp in a research report on Friday, August 21st. Finally, DZ Bank upgraded shares of ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 21st.

ThyssenKrupp Stock Performance

Shares of TKAMY opened at $17.21 on Tuesday. The company’s 50 day moving average price is $14.90 and its 200 day moving average price is $12.59. The company has a market capitalization of $10.71 billion, a PE ratio of 31.87 and a beta of 1.40. ThyssenKrupp has a 52 week low of $8.16 and a 52 week high of $18.16. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.99 and a current ratio of 1.66.

About ThyssenKrupp

Thyssenkrupp AG is a German industrial group headquartered in Essen, Germany. The company develops and supplies products, technologies and services for industrial customers in areas including steel, materials distribution, automotive components, marine systems and industrial decarbonization.

Its Automotive Technology business produces components and systems such as chassis, steering and powertrain solutions. Materials Services distributes and processes raw materials and industrial products, while Steel Europe manufactures flat carbon steel products for customers in the automotive, construction, engineering and other industries.