ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Receives Average Recommendation of “Hold” from Analysts

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) has received a consensus recommendation of “Hold” from the seven analysts that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company.

TKAMY has been the topic of several recent research reports. Citigroup reiterated a “buy” rating on shares of ThyssenKrupp in a research report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ThyssenKrupp in a research report on Wednesday.

ThyssenKrupp Trading Up 3.0%

ThyssenKrupp stock opened at $13.90 on Monday. ThyssenKrupp has a 12 month low of $8.16 and a 12 month high of $17.02. The company has a market capitalization of $8.66 billion, a price-to-earnings ratio of 16.96 and a beta of 1.40. The business’s fifty day simple moving average is $12.94 and its two-hundred day simple moving average is $11.93. The company has a current ratio of 1.66, a quick ratio of 0.99 and a debt-to-equity ratio of 0.05.

ThyssenKrupp Company Profile

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.