ThyssenKrupp (OTCMKTS:TKAMY) Shares Gap Up – Time to Buy?

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $9.96, but opened at $11.00. ThyssenKrupp shares last traded at $10.84, with a volume of 4,766 shares changing hands.

Analyst Ratings Changes

TKAMY has been the topic of a number of recent analyst reports. Zacks Research upgraded ThyssenKrupp to a “hold” rating in a report on Friday, November 14th. DZ Bank raised shares of ThyssenKrupp from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 16th. One analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, ThyssenKrupp presently has an average rating of “Hold”.

ThyssenKrupp Stock Performance

The stock has a market cap of $6.81 billion, a P/E ratio of -7.70 and a beta of 1.25. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.73 and a quick ratio of 1.09. The stock’s 50 day simple moving average is $13.93 and its two-hundred day simple moving average is $12.01.

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.