thyssenkrupp AG (OTCMKTS:TKAMY) Short Interest Update

thyssenkrupp AG (OTCMKTS:TKAMY) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 26,400 shares, a growth of 103.1% from the February 28th total of 13,000 shares. Based on an average daily trading volume, of 808,500 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

thyssenkrupp Trading Down 4.0 %

TKAMY stock opened at $9.68 on Friday. The company has a market capitalization of $6.03 billion, a PE ratio of -4.40 and a beta of 1.85. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.15 and a current ratio of 1.76. thyssenkrupp has a one year low of $3.08 and a one year high of $11.65. The company’s 50 day moving average price is $7.25 and its two-hundred day moving average price is $5.03.

thyssenkrupp (OTCMKTS:TKAMY) last issued its earnings results on Thursday, February 13th. The company reported ($0.09) EPS for the quarter. thyssenkrupp had a negative return on equity of 11.24% and a negative net margin of 3.63%. 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 given a dividend of $0.1552 per share. This is a positive change from thyssenkrupp’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, February 4th. thyssenkrupp’s dividend payout ratio (DPR) is presently -4.09%.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group downgraded thyssenkrupp from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 30th.

About thyssenkrupp

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.