thyssenkrupp AG (OTCMKTS:TKAMY - Get Free Report) saw a large decrease in short interest in 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. Based on an average daily trading volume, of 119,700 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company's stock are short sold.
Analyst Ratings Changes
Separately, Kepler Capital Markets upgraded thyssenkrupp from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 31st.
Read Our Latest Analysis on TKAMY
thyssenkrupp Stock Up 1.9%
Shares of TKAMY traded up $0.18 during trading hours on Monday, hitting $9.72. 117,984 shares of the company were exchanged, compared to its average volume of 118,841. thyssenkrupp has a 52 week low of $3.08 and a 52 week 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 firm's 50 day moving average is $10.39 and its 200-day moving average is $7.28. The company has a market cap of $6.05 billion, a PE ratio of -4.42 and a beta of 1.32.
thyssenkrupp (OTCMKTS:TKAMY - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.02). thyssenkrupp had a negative net margin of 3.63% and a negative return on equity of 11.24%. The company had revenue of $9.62 billion for the quarter, compared to analyst estimates of $8.55 billion.
About thyssenkrupp
(
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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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