Free Trial

thyssenkrupp (OTCMKTS:TKAMY) Sets New 52-Week High - What's Next?

thyssenkrupp logo with Basic Materials background

thyssenkrupp AG (OTCMKTS:TKAMY - Get Free Report) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $11.70 and last traded at $11.68, with a volume of 42250 shares traded. The stock had previously closed at $11.38.

Analyst Upgrades and Downgrades

TKAMY has been the topic of a number of recent analyst reports. Kepler Capital Markets upgraded thyssenkrupp from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 31st. The Goldman Sachs Group lowered shares of thyssenkrupp from a "hold" rating to a "strong sell" rating in a report on Thursday, January 30th.

View Our Latest Report on thyssenkrupp

thyssenkrupp Stock Up 2.6 %

The firm has a 50 day simple moving average of $10.12 and a two-hundred day simple moving average of $6.30. The stock has a market capitalization of $7.27 billion, a P/E ratio of -5.31 and a beta of 1.43. The company has a quick ratio of 1.15, a current ratio of 1.76 and a debt-to-equity ratio of 0.06.

thyssenkrupp (OTCMKTS:TKAMY - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported ($0.09) earnings per share for the quarter. thyssenkrupp had a negative net margin of 3.63% and a negative return on equity of 11.24%. The business had revenue of $8.35 billion during the quarter.

About thyssenkrupp

(Get Free Report)

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in thyssenkrupp Right Now?

Before you consider thyssenkrupp, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and thyssenkrupp wasn't on the list.

While thyssenkrupp currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Buy Early: 3 Tech Trends With Millionaire-Making Potential
5 Stocks to BUY NOW in May 2025
3 Stocks Offering Rare Generational Buying Opportunities

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines