ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Short Interest Update

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 2,400 shares, a drop of 47.8% from the September 15th total of 4,600 shares. Based on an average daily volume of 135,100 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 135,100 shares, the short-interest ratio is currently 0.0 days.

ThyssenKrupp Trading Up 8.3%

TKAMY opened at $16.10 on Tuesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.09 and a current ratio of 1.73. The stock’s 50 day moving average price is $12.64 and its 200-day moving average price is $11.48. ThyssenKrupp has a one year low of $3.44 and a one year high of $17.02. The stock has a market cap of $10.02 billion, a price-to-earnings ratio of -11.34 and a beta of 1.26.

ThyssenKrupp (OTCMKTS:TKAMY) last issued its quarterly earnings results on Wednesday, August 13th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.05. The firm had revenue of $9.73 billion during the quarter, compared to analyst estimates of $8.62 billion. ThyssenKrupp had a negative return on equity of 7.90% and a negative net margin of 2.40%.

Analyst Upgrades and Downgrades

Separately, DZ Bank upgraded ThyssenKrupp from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold”.

About ThyssenKrupp

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.