ThyssenKrupp (OTCMKTS:TKAMY) Shares Gap Up – Here’s What Happened

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY)’s share price gapped up before the market opened on Friday . The stock had previously closed at $10.44, but opened at $11.0550. ThyssenKrupp shares last traded at $11.07, with a volume of 1,103 shares trading hands.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. DZ Bank raised shares of ThyssenKrupp from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 16th. Zacks Research upgraded ThyssenKrupp to a “hold” rating in a research note on Friday, November 14th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, ThyssenKrupp currently has an average rating of “Hold”.

ThyssenKrupp Stock Performance

The stock has a 50-day moving average of $13.64 and a 200 day moving average of $12.04. The firm has a market capitalization of $6.87 billion, a P/E ratio of -7.77 and a beta of 1.06. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.09 and a current ratio of 1.73.

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.