ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Given Average Rating of “Moderate Buy” by Analysts

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company.

TKAMY has been the topic of a number of recent research reports. Jefferies Financial Group upgraded ThyssenKrupp from a “hold” rating to a “buy” rating in a research note on Friday. Morgan Stanley reissued an “underweight” rating on shares of ThyssenKrupp in a report on Tuesday, January 6th. Zacks Research raised ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 6th. Finally, Citigroup reaffirmed a “buy” rating on shares of ThyssenKrupp in a research report on Friday, December 5th.

ThyssenKrupp Price Performance

OTCMKTS:TKAMY opened at $13.39 on Friday. ThyssenKrupp has a 52 week low of $6.25 and a 52 week high of $17.02. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.09 and a current ratio of 1.69. The firm’s 50-day simple moving average is $12.19 and its 200 day simple moving average is $12.48. The firm has a market cap of $8.34 billion, a price-to-earnings ratio of 12.40 and a beta of 1.01.

ThyssenKrupp (OTCMKTS:TKAMY) last announced its earnings results on Thursday, February 12th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.27). ThyssenKrupp had a return on equity of 9.21% and a net margin of 1.83%.The business had revenue of $8.52 billion for the quarter, compared to analyst estimates of $9.42 billion.

ThyssenKrupp Company Profile

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.