thyssenkrupp (OTCMKTS:TKAMY) Posts Earnings Results

thyssenkrupp (OTCMKTS:TKAMY) issued its quarterly earnings data on Thursday. The company reported ($0.09) earnings per share (EPS) for the quarter, Zacks reports. thyssenkrupp had a negative net margin of 4.33% and a negative return on equity of 13.47%.

thyssenkrupp Price Performance

Shares of OTCMKTS:TKAMY traded down $0.02 during midday trading on Thursday, reaching $4.79. The company’s stock had a trading volume of 416 shares, compared to its average volume of 30,744. thyssenkrupp has a fifty-two week low of $3.08 and a fifty-two week high of $6.04. The company has a market capitalization of $2.98 billion, a P/E ratio of -1.81 and a beta of 1.99. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.76 and a quick ratio of 1.15. The business’s fifty day simple moving average is $4.38 and its 200-day simple moving average is $3.90.

thyssenkrupp Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 12th. Stockholders of record on Tuesday, February 4th were paid a $0.1552 dividend. The ex-dividend date was Tuesday, February 4th. This is a positive change from thyssenkrupp’s previous dividend of $0.10. thyssenkrupp’s dividend payout ratio (DPR) is -3.77%.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut thyssenkrupp from a “hold” rating to a “strong sell” rating in a report on Thursday, January 30th.

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.