Shares of ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY - Get Free Report) passed below its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $16.36 and traded as low as $15.02. ThyssenKrupp shares last traded at $15.3250, with a volume of 6,472 shares changing hands.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the company. Citigroup reaffirmed a "buy" rating on shares of ThyssenKrupp in a research report on Friday, August 21st. Zacks Research upgraded ThyssenKrupp from a "hold" rating to a "strong-buy" rating in a report on Monday, October 5th. Kepler Capital Markets lowered shares of ThyssenKrupp from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 1st. DZ Bank upgraded shares of ThyssenKrupp from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 21st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of ThyssenKrupp in a report on Friday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy".
View Our Latest Research Report on TKAMY
ThyssenKrupp Stock Performance
The firm's 50 day moving average price is $16.36 and its 200-day moving average price is $13.89. The firm has a market cap of $9.54 billion, a price-to-earnings ratio of 28.38 and a beta of 1.41. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.62 and a quick ratio of 0.98.
ThyssenKrupp Company Profile
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Thyssenkrupp AG is a Germany-based industrial group with businesses spanning steel, materials services, automotive technology, marine systems and industrial decarbonization. The company develops and supplies products and services for manufacturers, infrastructure providers, energy companies and other industrial customers.
Its activities include producing flat steel products and other specialty materials, distributing and processing metals, and supplying components and systems for vehicles.
Further Reading
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