ThyssenKrupp (OTCMKTS:TKAMY) Shares Gap Down - Time to Sell?

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $10.76, but opened at $10.25. ThyssenKrupp shares last traded at $10.16, with a volume of 1,729 shares trading hands.

Analyst Upgrades and Downgrades

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

ThyssenKrupp Stock Performance

The stock's 50-day moving average price is $10.38 and its 200-day moving average price is $8.15. The company has a current ratio of 1.76, a quick ratio of 1.10 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $6.27 billion, a P/E ratio of -5.59 and a beta of 1.25.

ThyssenKrupp (OTCMKTS:TKAMY - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $9.62 billion for the quarter, compared to analyst estimates of $8.55 billion.

ThyssenKrupp Company Profile

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.

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