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

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) has been assigned an average recommendation of “Hold” from the eight analysts that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company.

Several research firms recently commented on TKAMY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ThyssenKrupp in a research report on Friday, September 4th. Citigroup reaffirmed a “buy” rating on shares of ThyssenKrupp in a research note on Friday, August 21st. Kepler Capital Markets lowered shares of ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 1st. Finally, DZ Bank raised shares of ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 21st.

ThyssenKrupp Stock Performance

Shares of TKAMY stock opened at $17.83 on Tuesday. The firm has a market capitalization of $11.10 billion, a price-to-earnings ratio of 33.02 and a beta of 1.40. The company has a current ratio of 1.66, a quick ratio of 0.99 and a debt-to-equity ratio of 0.05. The business’s 50-day moving average price is $15.00 and its 200-day moving average price is $12.63. ThyssenKrupp has a 12 month low of $8.16 and a 12 month high of $18.16.

About ThyssenKrupp

Thyssenkrupp AG is a German industrial group headquartered in Essen, Germany. The company develops and supplies products, technologies and services for industrial customers in areas including steel, materials distribution, automotive components, marine systems and industrial decarbonization.

Its Automotive Technology business produces components and systems such as chassis, steering and powertrain solutions. Materials Services distributes and processes raw materials and industrial products, while Steel Europe manufactures flat carbon steel products for customers in the automotive, construction, engineering and other industries.