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

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) has been given a consensus rating of “Hold” by the seven research firms that are covering the stock, 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 analyst reports. Citigroup reissued a “buy” rating on shares of ThyssenKrupp in a research note on Thursday, May 14th. Deutsche Bank Aktiengesellschaft raised shares of ThyssenKrupp from a “buy” rating to a “buy” rating in a research note on Thursday, April 30th.

ThyssenKrupp Price Performance

Shares of OTCMKTS:TKAMY opened at $12.13 on Thursday. The stock has a fifty day moving average of $12.14 and a 200-day moving average of $11.57. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.99 and a current ratio of 1.66. ThyssenKrupp has a one year low of $8.16 and a one year high of $17.02. The company has a market capitalization of $7.55 billion, a PE ratio of 14.79 and a beta of 1.37.

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.