Shares of ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY - Get Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $11.37 and traded as low as $10.36. ThyssenKrupp shares last traded at $10.39, with a volume of 16,523 shares changing hands.
Wall Street Analyst Weigh In
Separately, DZ Bank lowered shares of ThyssenKrupp from a "hold" rating to a "strong sell" rating in a research note on Wednesday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, ThyssenKrupp currently has a consensus rating of "Moderate Buy".
Check Out Our Latest Analysis on TKAMY
ThyssenKrupp Price Performance
The stock's 50-day moving average price is $11.37 and its 200-day moving average price is $10.18. The company has a market capitalization of $6.47 billion, a price-to-earnings ratio of -7.31 and a beta of 1.26. The company has a quick ratio of 1.10, a current ratio of 1.76 and a debt-to-equity ratio of 0.05.
ThyssenKrupp (OTCMKTS:TKAMY - Get Free Report) last announced its earnings results on Wednesday, August 13th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.23 by $0.05. ThyssenKrupp had a negative net margin of 2.40% and a negative return on equity of 7.90%. The company had revenue of $9.73 billion for the quarter, compared to analyst estimates of $8.62 billion.
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.
See Also
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.
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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
