ThyssenKrupp (OTCMKTS:TKAMY) Shares Up 7.2% – Should You Buy?

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) traded up 7.2% during trading on Tuesday . The stock traded as high as $14.21 and last traded at $14.21. 3,612 shares were traded during trading, a decline of 96% from the average session volume of 89,143 shares. The stock had previously closed at $13.25.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TKAMY. Zacks Research upgraded shares of ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 6th. Citigroup reaffirmed a “buy” rating on shares of ThyssenKrupp in a research note on Friday, December 5th. Finally, Morgan Stanley reissued an “underweight” rating on shares of ThyssenKrupp in a report on Tuesday, January 6th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

ThyssenKrupp Stock Performance

The firm has a market capitalization of $8.25 billion, a P/E ratio of 8.42 and a beta of 1.01. The company has a 50-day moving average of $11.45 and a 200-day moving average of $12.36. The company has a current ratio of 1.69, a quick ratio of 1.09 and a debt-to-equity ratio of 0.05.

ThyssenKrupp (OTCMKTS:TKAMY) last posted its quarterly earnings data on Tuesday, December 9th. The company reported $1.20 EPS for the quarter. The company had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.60 billion. ThyssenKrupp had a return on equity of 9.15% and a net margin of 2.80%.

About ThyssenKrupp

ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.