ThyssenKrupp (OTCMKTS:TKAMY) Sets New 12-Month High - Should You Buy?

Shares of ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $12.00 and last traded at $12.00, with a volume of 35648 shares traded. The stock had previously closed at $11.52.

Analyst Ratings Changes

Separately, Kepler Capital Markets upgraded ThyssenKrupp from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 31st.

ThyssenKrupp Stock Up 2.4%

The company has a debt-to-equity ratio of 0.05, a current ratio of 1.76 and a quick ratio of 1.10. The stock has a market capitalization of $8.20 billion, a P/E ratio of -7.32 and a beta of 1.26. The firm has a 50-day simple moving average of $10.42 and a 200 day simple moving average of $8.50.

ThyssenKrupp (OTCMKTS:TKAMY - Get Free Report) last posted its 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). The firm had revenue of $9.62 billion during the quarter, compared to the consensus estimate of $8.55 billion. ThyssenKrupp had a negative net margin of 3.04% and a negative return on equity of 9.70%.

ThyssenKrupp Company Profile

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.