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

Shares of ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) have earned a consensus rating of “Hold” from the eight brokerages that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company.

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

ThyssenKrupp Stock Down 1.9%

Shares of OTCMKTS:TKAMY opened at $15.44 on Friday. The firm has a 50 day simple moving average of $16.07 and a 200 day simple moving average of $13.30. ThyssenKrupp has a 52 week low of $8.16 and a 52 week high of $18.16. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 1.62. The company has a market cap of $9.61 billion, a PE ratio of 28.59 and a beta of 1.41.

About ThyssenKrupp

thyssenkrupp AG is a diversified industrial company headquartered in Essen, Germany. Its businesses develop and supply products, technologies and services for industrial, automotive, energy, materials and infrastructure customers worldwide.

The company’s activities include automotive components and systems, materials distribution and processing, steel production, and technologies for the energy transition. thyssenkrupp also operates marine businesses that provide submarines, naval vessels and related systems, as well as engineering and industrial solutions.