ThyssenKrupp (OTCMKTS:TKAMY) Upgraded to Strong-Buy at Zacks Research

Zacks Research upgraded shares of ThyssenKrupp (OTCMKTS:TKAMY) from a hold rating to a strong-buy rating in a research report report published on Monday morning,Zacks reports.

A number of other research analysts also recently issued reports on the company. DZ Bank raised ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a report on Friday, August 21st. Kepler Capital Markets cut shares of ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 1st. Citigroup restated a “buy” rating on shares of ThyssenKrupp in a research report on Friday, August 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ThyssenKrupp in a research report on Friday, September 4th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

ThyssenKrupp Stock Performance

Shares of ThyssenKrupp stock opened at $15.53 on Monday. ThyssenKrupp has a 52 week low of $8.16 and a 52 week high of $18.16. The stock’s fifty day moving average is $16.10 and its two-hundred day moving average is $13.34. The company has a market capitalization of $9.67 billion, a PE ratio of 28.76 and a beta of 1.41. The company has a quick ratio of 0.98, a current ratio of 1.62 and a debt-to-equity ratio of 0.05.

About ThyssenKrupp

thyssenkrupp AG is a diversified industrial company headquartered in Essen, Germany. Its businesses develop and supply products, technologies and services for industrial, automotive, energy, materials and infrastructure customers worldwide.

The company’s activities include automotive components and systems, materials distribution and processing, steel production, and technologies for the energy transition. thyssenkrupp also operates marine businesses that provide submarines, naval vessels and related systems, as well as engineering and industrial solutions.