ThyssenKrupp (OTCMKTS:TKAMY) Share Price Passes Below Fifty Day Moving Average - Here's Why

Key Points

• ThyssenKrupp's ADR crossed below its 50‑day moving average, trading as low as $10.25 and last at $10.36 versus the 50‑day average of $10.42 (volume 17,083).
• Analysts are mixed with a consensus rating of Hold (2 Buy, 2 Hold, 2 Sell); recent actions include Jefferies upgrading to Buy while Morgan Stanley and Barclays remain negative and Zacks cut to Hold.
• The company missed the quarter with EPS of −$0.07 versus $0.20 expected and revenue of $8.52B versus $9.42B expected; valuation and balance‑sheet metrics include a $6.45B market cap, P/E of 9.59 and a low debt‑to‑equity of 0.05.

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY - Get Free Report)'s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $10.42 and traded as low as $10.25. ThyssenKrupp shares last traded at $10.3580, with a volume of 17,083 shares.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Jefferies Financial Group upgraded ThyssenKrupp from a "hold" rating to a "buy" rating in a research report on Friday, February 20th. Morgan Stanley reiterated an "underweight" rating on shares of ThyssenKrupp in a research report on Tuesday, January 6th. Barclays reissued an "underweight" rating on shares of ThyssenKrupp in a research note on Monday, February 23rd. Finally, Zacks Research lowered shares of ThyssenKrupp from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 24th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold".

ThyssenKrupp Price Performance

The company has a market capitalization of $6.45 billion, a price-to-earnings ratio of 9.59 and a beta of 1.14. The company has a fifty day simple moving average of $10.42 and a two-hundred day simple moving average of $11.89. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.01 and a current ratio of 1.72.

ThyssenKrupp (OTCMKTS:TKAMY - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.27). The business had revenue of $8.52 billion for the quarter, compared to analyst estimates of $9.42 billion. ThyssenKrupp had a return on equity of 9.08% and a net margin of 1.83%. As a group, research analysts anticipate that ThyssenKrupp AG Sponsored ADR will post 0.33 earnings per share for the current year.

About ThyssenKrupp

ThyssenKrupp AG OTCMKTS: TKAMY is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.

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