ThyssenKrupp (OTCMKTS:TKAMY) Upgraded at Zacks Research

Zacks Research upgraded shares of ThyssenKrupp (OTCMKTS:TKAMY) from a hold rating to a strong-buy rating in a report released on Monday morning,Zacks reports.

A number of other equities research analysts also recently issued reports on the company. DZ Bank upgraded ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 21st. Kepler Capital Markets cut ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ThyssenKrupp in a research report on Friday, September 4th. Finally, Citigroup reissued a “buy” rating on shares of ThyssenKrupp in a report on Friday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, ThyssenKrupp has an average rating of “Moderate Buy”.

ThyssenKrupp Price Performance

TKAMY opened at $15.02 on Monday. The company has a market capitalization of $9.35 billion, a price-to-earnings ratio of 27.81 and a beta of 1.41. The company has a quick ratio of 0.98, a current ratio of 1.62 and a debt-to-equity ratio of 0.05. The firm has a 50-day moving average price of $16.13 and a 200-day moving average price of $13.38. ThyssenKrupp has a twelve month low of $8.16 and a twelve month high of $18.16.

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.