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

Key Points

• ThyssenKrupp's shares gapped down from a previous close of $13.03 to open at $12.50, ultimately trading at $12.30.
• Analyst ratings changed as Kepler Capital Markets upgraded the stock from "hold" to "strong-buy" on March 31st.
• The company reported earnings per share of $0.26, missing estimates, alongside a negative net margin of 3.04% and revenue of $9.62 billion.

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY - Get Free Report)'s stock price gapped down prior to trading on Monday . The stock had previously closed at $13.03, but opened at $12.50. ThyssenKrupp shares last traded at $12.30, with a volume of 10,953 shares.

ThyssenKrupp Price Performance

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 stock has a market capitalization of $7.10 billion, a PE ratio of -6.34 and a beta of 1.26. The firm has a 50 day moving average price of $11.04 and a 200 day moving average price of $9.39.

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

About ThyssenKrupp

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.