ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) have earned an average rating of “Moderate Buy” from the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and two have issued a strong buy rating on the company.

A number of research analysts have recently issued reports on the company. Zacks Research raised ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 6th. Citigroup reissued a “buy” rating on shares of ThyssenKrupp in a research report on Friday, December 5th. Jefferies Financial Group upgraded ThyssenKrupp from a “hold” rating to a “buy” rating in a research note on Friday. Barclays restated an “underweight” rating on shares of ThyssenKrupp in a research note on Monday. Finally, Morgan Stanley restated an “underweight” rating on shares of ThyssenKrupp in a research report on Tuesday, January 6th.

ThyssenKrupp Stock Down 6.2%

Shares of OTCMKTS TKAMY opened at $12.29 on Friday. The firm has a market cap of $7.65 billion, a PE ratio of 11.38 and a beta of 1.01. ThyssenKrupp has a 1 year low of $7.23 and a 1 year high of $17.02. The company has a 50 day simple moving average of $12.27 and a 200 day simple moving average of $12.50. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.69 and a quick ratio of 1.09.

ThyssenKrupp (OTCMKTS:TKAMY) last issued 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 return on equity of 9.21% and a net margin of 1.83%.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.