ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Receives Consensus Recommendation of “Hold” from Brokerages

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) has earned a consensus recommendation of “Hold” from the seven brokerages that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company.

A number of analysts recently weighed in on TKAMY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ThyssenKrupp in a report on Wednesday, July 22nd. Citigroup reaffirmed a “buy” rating on shares of ThyssenKrupp in a report on Thursday, May 14th.

ThyssenKrupp Price Performance

TKAMY stock opened at $15.99 on Friday. The company has a market capitalization of $9.95 billion, a P/E ratio of 29.61 and a beta of 1.39. The company has a fifty day moving average price of $13.35 and a 200-day moving average price of $12.16. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.99 and a current ratio of 1.66. ThyssenKrupp has a 52-week low of $8.16 and a 52-week high of $17.02.

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.