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

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $12.81, but opened at $12.44. ThyssenKrupp shares last traded at $12.44, with a volume of 2,372 shares changing hands.

Wall Street Analyst Weigh In

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

ThyssenKrupp Stock Down 1.7%

The stock has a market cap of $7.82 billion, a P/E ratio of -6.98 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. The business has a 50-day simple moving average of $10.57 and a 200-day simple moving average of $8.89.

ThyssenKrupp (OTCMKTS:TKAMY - Get Free Report) last issued 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 net margin of 3.04% and a negative return on equity of 9.70%. The firm had revenue of $9.62 billion during 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.