Free Trial

ThyssenKrupp (OTCMKTS:TKAMY) Shares Gap Down - Here's Why

ThyssenKrupp logo with Basic Materials background

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY - Get Free Report)'s share price gapped down prior to trading on Wednesday . The stock had previously closed at $10.08, but opened at $9.73. ThyssenKrupp shares last traded at $9.97, with a volume of 22,903 shares traded.

Analyst Upgrades and Downgrades

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

Read Our Latest Stock Report on TKAMY

ThyssenKrupp Stock Performance

The business's fifty day moving average price is $10.38 and its 200-day moving average price is $7.87. 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 stock has a market cap of $6.37 billion, a PE ratio of -5.68 and a beta of 1.25.

ThyssenKrupp (OTCMKTS:TKAMY - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported $0.26 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 firm had revenue of $9.62 billion for the quarter, compared to the consensus estimate of $8.55 billion.

ThyssenKrupp Company Profile

(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.

Read More

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

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

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

Featured Articles and Offers

Recent Videos

Watch Before Monday: Stocks to Load Up on Before Earnings
3 Hot Growth Stocks to Watch Right Now!
Don’t Miss These Top 3 Defense Stocks Set To Gain

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines