ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY – Get Free Report) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 7,678 shares, a decline of 42.3% from the June 15th total of 13,310 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 52,503 shares, the short-interest ratio is currently 0.1 days.
ThyssenKrupp Stock Performance
Shares of TKAMY stock opened at $13.48 on Friday. The stock’s 50-day moving average is $12.77 and its two-hundred day moving average is $11.82. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.99 and a current ratio of 1.66. ThyssenKrupp has a 1 year low of $8.16 and a 1 year high of $17.02. The firm has a market cap of $8.39 billion, a price-to-earnings ratio of 16.44 and a beta of 1.40.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on TKAMY. Citigroup reiterated a “buy” rating on shares of ThyssenKrupp in a report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft upgraded ThyssenKrupp from a “buy” rating to a “buy” rating in a research note on Thursday, April 30th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.
About ThyssenKrupp
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.
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