thyssenkrupp AG (OTCMKTS:TKAMY) Short Interest Down 56.4% in March

thyssenkrupp AG (OTCMKTS:TKAMY) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totalling 11,500 shares, a decline of 56.4% from the March 15th total of 26,400 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 317,200 shares, the days-to-cover ratio is currently 0.0 days.

thyssenkrupp Stock Up 1.5 %

Shares of OTCMKTS TKAMY opened at $10.67 on Friday. thyssenkrupp has a 1 year low of $3.08 and a 1 year high of $11.65. The company has a market capitalization of $6.64 billion, a price-to-earnings ratio of -4.85 and a beta of 1.43. 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 has a 50-day moving average of $8.94 and a two-hundred day moving average of $5.73.

thyssenkrupp (OTCMKTS:TKAMY) last announced its quarterly earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share (EPS) for the quarter. thyssenkrupp had a negative net margin of 3.63% and a negative return on equity of 11.24%. The business had revenue of $8.35 billion during the quarter.

thyssenkrupp Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 12th. Investors of record on Tuesday, February 4th were paid a dividend of $0.1552 per share. This is a positive change from thyssenkrupp’s previous dividend of $0.10. The ex-dividend date was Tuesday, February 4th. thyssenkrupp’s dividend payout ratio (DPR) is currently -4.09%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Kepler Capital Markets raised thyssenkrupp from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 31st. The Goldman Sachs Group downgraded shares of thyssenkrupp from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 30th.

thyssenkrupp Company Profile

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.