ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Receives Average Recommendation of “Hold” from Brokerages

Shares of ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) have received an average rating of “Hold” from the seven analysts that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating on the company.

A number of analysts recently weighed in on TKAMY shares. Citigroup reissued a “buy” rating on shares of ThyssenKrupp in a report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft raised ThyssenKrupp from a “buy” rating to a “buy” rating in a report on Thursday, April 30th.

ThyssenKrupp Stock Up 0.4%

Shares of OTCMKTS:TKAMY opened at $11.91 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.66 and a debt-to-equity ratio of 0.05. The firm has a market cap of $7.41 billion, a P/E ratio of 14.52 and a beta of 1.40. ThyssenKrupp has a 12 month low of $8.16 and a 12 month high of $17.02. The company’s 50-day moving average price is $12.29 and its two-hundred day moving average price is $11.62.

ThyssenKrupp Company Profile

ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.