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ThyssenKrupp (OTCMKTS:TKAMY) Shares Down 2.8% - Should You Sell?

ThyssenKrupp logo with Basic Materials background

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY - Get Free Report)'s share price traded down 2.8% on Thursday . The stock traded as low as $10.46 and last traded at $10.60. 2,780 shares were traded during mid-day trading, a decline of 97% from the average session volume of 107,882 shares. The stock had previously closed at $10.90.

Wall Street Analyst Weigh In

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

View Our Latest Report on TKAMY

ThyssenKrupp Price Performance

The company has a market cap of $6.67 billion, a price-to-earnings ratio of -5.96 and a beta of 1.26. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.10 and a current ratio of 1.76. The company's 50 day moving average price is $10.36 and its 200 day moving average price is $8.18.

ThyssenKrupp (OTCMKTS:TKAMY - Get Free Report) last announced its earnings results on Thursday, May 15th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by ($0.02). ThyssenKrupp had a negative return on equity of 9.70% and a negative net margin of 3.04%. The company had revenue of $9.62 billion for the quarter, compared to analyst estimates of $8.55 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.

Further Reading

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.

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