thyssenkrupp AG (OTCMKTS:TKAMY - Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 11,400 shares, a decrease of 36.7% from the April 30th total of 18,000 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 119,700 shares, the short-interest ratio is currently 0.1 days.
thyssenkrupp Stock Up 3.2%
Shares of thyssenkrupp stock traded up $0.31 during trading hours on Wednesday, reaching $9.89. The company's stock had a trading volume of 28,838 shares, compared to its average volume of 116,462. The company has a market capitalization of $6.16 billion, a P/E ratio of -4.50 and a beta of 1.32. thyssenkrupp has a one year low of $3.08 and a one year high of $11.99. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.15 and a current ratio of 1.76. The stock's fifty day simple moving average is $10.37 and its two-hundred day simple moving average is $7.36.
thyssenkrupp (OTCMKTS:TKAMY - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.02). The firm had revenue of $9.62 billion for the quarter, compared to analysts' expectations of $8.55 billion. thyssenkrupp had a negative net margin of 3.63% and a negative return on equity of 11.24%.
Analysts Set New Price Targets
Separately, Kepler Capital Markets raised thyssenkrupp from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 31st.
Get Our Latest Analysis on TKAMY
thyssenkrupp Company Profile
(
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thyssenkrupp AG operates as an industrial and technology company in Germany and internationally. It operates through five segments: Automotive Technology, Decarbon Technologies, Materials Services, Steel Europe, and Marine Systems. The Automotive Technology segment offers components, systems, and automation solutions for vehicle manufacturing, such as axle assembly, body in white, camshafts and electric engine components, dampers, dies, springs and stabilizers, crankshafts and conrods, steering, and undercarriages.
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