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

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY – Get Free Report) has been given a consensus recommendation of “Hold” by the eight research firms that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has issued a strong buy rating on the company.

TKAMY has been the topic of several recent research reports. DZ Bank raised ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a report on Friday, August 21st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ThyssenKrupp in a report on Friday, September 4th. Citigroup reiterated a “buy” rating on shares of ThyssenKrupp in a report on Friday, August 21st. Finally, Kepler Capital Markets cut ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 1st.

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ThyssenKrupp Stock Down 2.4%

Shares of OTCMKTS TKAMY opened at $17.40 on Tuesday. The company has a market cap of $10.83 billion, a price-to-earnings ratio of 32.22 and a beta of 1.40. The company has a current ratio of 1.66, a quick ratio of 0.99 and a debt-to-equity ratio of 0.05. The stock has a 50-day moving average price of $15.07 and a two-hundred day moving average price of $12.66. ThyssenKrupp has a 12 month low of $8.16 and a 12 month high of $18.16.

About ThyssenKrupp

(Get Free Report)

Thyssenkrupp AG is a German industrial group headquartered in Essen, Germany. The company develops and supplies products, technologies and services for industrial customers in areas including steel, materials distribution, automotive components, marine systems and industrial decarbonization.

Its Automotive Technology business produces components and systems such as chassis, steering and powertrain solutions. Materials Services distributes and processes raw materials and industrial products, while Steel Europe manufactures flat carbon steel products for customers in the automotive, construction, engineering and other industries.

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