ThyssenKrupp (OTCMKTS:TKAMY) Shares Up 5.6% - Here's What Happened

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY - Get Free Report) was up 5.6% on Monday . The stock traded as high as $11.33 and last traded at $11.33. 23,094 shares changed hands during trading, a decline of 78% from the average daily volume of 107,144 shares. The stock had previously closed at $10.72.

Analyst Ratings Changes

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

ThyssenKrupp Stock Performance

The firm has a 50 day simple moving average of $10.35 and a 200-day simple moving average of $8.38. The company has a quick ratio of 1.10, a current ratio of 1.76 and a debt-to-equity ratio of 0.05.

ThyssenKrupp (OTCMKTS:TKAMY - Get Free Report) last issued its quarterly earnings results 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 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.