ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Stock Now Rated “Moderate Buy” by Wall Street Brokerages

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

TKAMY has been the subject of a number of analyst reports. Citigroup restated a “buy” rating on shares of ThyssenKrupp in a report on Friday, August 21st. Zacks Research raised shares of ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ThyssenKrupp in a report on Friday, September 4th. DZ Bank raised ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 21st. Finally, Kepler Capital Markets cut ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 1st.

ThyssenKrupp Stock Performance

OTCMKTS:TKAMY opened at $15.14 on Wednesday. The company has a quick ratio of 0.98, a current ratio of 1.62 and a debt-to-equity ratio of 0.05. The company’s 50 day moving average is $16.32 and its 200-day moving average is $13.28. ThyssenKrupp has a 12 month low of $8.16 and a 12 month high of $18.16. The firm has a market cap of $9.43 billion, a price-to-earnings ratio of 28.04 and a beta of 1.41.

ThyssenKrupp Company Profile

Thyssenkrupp AG is a Germany-based industrial group with businesses spanning steel, materials services, automotive technology, marine systems and industrial decarbonization. The company develops and supplies products and services for manufacturers, infrastructure providers, energy companies and other industrial customers.

Its activities include producing flat steel products and other specialty materials, distributing and processing metals, and supplying components and systems for vehicles.