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

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

Several research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded ThyssenKrupp from a “buy” rating to a “buy” rating in a research note on Thursday, April 30th. Citigroup reissued a “buy” rating on shares of ThyssenKrupp in a report on Thursday, May 14th.

ThyssenKrupp Stock Performance

OTCMKTS:TKAMY opened at $13.52 on Monday. The stock has a 50-day moving average price of $12.79 and a 200 day moving average price of $11.84. The stock has a market capitalization of $8.42 billion, a P/E ratio of 16.48 and a beta of 1.40. ThyssenKrupp has a 12-month low of $8.16 and a 12-month high of $17.02. The company has a current ratio of 1.66, a quick ratio of 0.99 and a debt-to-equity ratio of 0.05.

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.