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

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) has received an average rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company.

TKAMY has been the topic of several recent analyst reports. Morgan Stanley reaffirmed an “underweight” rating on shares of ThyssenKrupp in a research note on Tuesday. Zacks Research upgraded shares of ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Citigroup reiterated a “buy” rating on shares of ThyssenKrupp in a research report on Friday, December 5th. Finally, DZ Bank raised shares of ThyssenKrupp from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 16th.

ThyssenKrupp Stock Performance

Shares of OTCMKTS TKAMY opened at $11.92 on Tuesday. The firm has a market capitalization of $7.42 billion, a price-to-earnings ratio of 7.22 and a beta of 0.97. ThyssenKrupp has a one year low of $3.84 and a one year high of $17.02. The business has a fifty day simple moving average of $11.74 and a 200 day simple moving average of $12.23. The company has a current ratio of 1.69, a quick ratio of 1.09 and a debt-to-equity ratio of 0.05.

ThyssenKrupp (OTCMKTS:TKAMY) last posted its quarterly earnings results on Tuesday, December 9th. The company reported $1.20 earnings per share for the quarter. ThyssenKrupp had a net margin of 2.80% and a return on equity of 9.15%. The firm had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.60 billion.

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.