Free Trial

ThyssenKrupp (OTCMKTS:TKAMY) Shares Up 5.6% - Time to Buy?

ThyssenKrupp logo with Basic Materials background

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

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.

Read Our Latest Analysis on ThyssenKrupp

ThyssenKrupp Price Performance

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 company has a market cap of $8.01 billion, a price-to-earnings ratio of -7.15 and a beta of 1.26. The company has a fifty day simple moving average of $10.42 and a two-hundred day simple moving average of $8.50.

ThyssenKrupp (OTCMKTS:TKAMY - Get Free Report) last posted its 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). The firm had revenue of $9.62 billion during the quarter, compared to analyst estimates of $8.55 billion. ThyssenKrupp had a negative net margin of 3.04% and a negative return on equity of 9.70%.

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.

Further Reading

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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

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

Featured Articles and Offers

Recent Videos

Palantir & AMD Earnings: Massive Options Setups Ahead
3 Value Plays Set to Explode
5 Stocks to BUY NOW in August 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines