ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Given Consensus Rating of “Hold” by Brokerages

Shares of ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) have been given a consensus rating of “Hold” by the six brokerages that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company.

A number of equities analysts have weighed in on TKAMY shares. Zacks Research lowered ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 24th. Jefferies Financial Group upgraded ThyssenKrupp from a “hold” rating to a “buy” rating in a research note on Friday, February 20th. Morgan Stanley restated an “underweight” rating on shares of ThyssenKrupp in a research note on Tuesday, January 6th. Finally, Barclays restated an “underweight” rating on shares of ThyssenKrupp in a research note on Monday, February 23rd.

ThyssenKrupp Stock Performance

OTCMKTS:TKAMY opened at $9.85 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.01 and a current ratio of 1.72. ThyssenKrupp has a 52-week low of $8.16 and a 52-week high of $17.02. The firm has a market cap of $6.13 billion, a price-to-earnings ratio of 9.12 and a beta of 1.14. The business’s fifty day moving average is $10.97 and its 200 day moving average is $12.10.

ThyssenKrupp (OTCMKTS:TKAMY) last released its quarterly earnings data on Thursday, February 12th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.27). ThyssenKrupp had a net margin of 1.83% and a return on equity of 9.08%. The company had revenue of $8.52 billion for the quarter, compared to the consensus estimate of $9.42 billion.

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.