ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Given Average Rating of “Hold” by Brokerages

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) has been assigned a consensus recommendation of “Hold” from the seven research firms that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company.

Several analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ThyssenKrupp in a research note on Wednesday. Citigroup reissued a “buy” rating on shares of ThyssenKrupp in a report on Thursday, May 14th.

ThyssenKrupp Stock Performance

OTCMKTS TKAMY opened at $13.83 on Monday. The stock has a market cap of $8.61 billion, a P/E ratio of 16.87 and a beta of 1.40. The company has a quick ratio of 0.99, a current ratio of 1.66 and a debt-to-equity ratio of 0.05. ThyssenKrupp has a twelve month low of $8.16 and a twelve month high of $17.02. The company’s 50-day simple moving average is $12.89 and its 200 day simple moving average is $11.90.

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.