ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) has earned a consensus rating of “Moderate Buy” from the eight ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company.

A number of equities research analysts have recently issued reports on the stock. DZ Bank raised shares of ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a report on Friday, August 21st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ThyssenKrupp in a research note on Friday, September 4th. Kepler Capital Markets lowered shares of ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 1st. Citigroup reaffirmed a “buy” rating on shares of ThyssenKrupp in a research note on Friday, August 21st. Finally, Zacks Research upgraded shares of ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a report on Monday.

ThyssenKrupp Stock Down 3.3%

OTCMKTS TKAMY opened at $15.02 on Friday. The business has a fifty day moving average price of $16.13 and a 200 day moving average price of $13.38. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 1.62. The company has a market cap of $9.35 billion, a P/E ratio of 27.81 and a beta of 1.41. ThyssenKrupp has a one year low of $8.16 and a one year high of $18.16.

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.