ThyssenKrupp (OTCMKTS:TKAMY) Announces Quarterly Earnings Results

by · The Cerbat Gem

ThyssenKrupp (OTCMKTS:TKAMY – Get Free Report) released its quarterly earnings results on Tuesday. The company reported $1.20 earnings per share (EPS) for the quarter, Zacks reports. ThyssenKrupp had a return on equity of 9.26% and a net margin of 2.80%.The business had revenue of $9.68 billion during the quarter, compared to analyst estimates of $9.60 billion.

ThyssenKrupp Trading Up 1.5%

TKAMY stock opened at $10.45 on Thursday. ThyssenKrupp has a twelve month low of $3.84 and a twelve month high of $17.02. The company has a quick ratio of 1.09, a current ratio of 1.73 and a debt-to-equity ratio of 0.06. The firm’s fifty day simple moving average is $13.38 and its two-hundred day simple moving average is $12.08. The stock has a market capitalization of $6.51 billion, a price-to-earnings ratio of 6.33 and a beta of 1.06.

Analyst Ratings Changes

TKAMY has been the subject of a number of recent research reports. DZ Bank upgraded ThyssenKrupp from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 16th. Zacks Research upgraded shares of ThyssenKrupp to a “hold” rating in a research report on Friday, November 14th. Finally, Citigroup restated a “buy” rating on shares of ThyssenKrupp in a research report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on ThyssenKrupp

About ThyssenKrupp

(Get Free Report)

thyssenkrupp AG operates as an industrial and technology company in Germany and internationally. It operates through five segments: Automotive Technology, Decarbon Technologies, Materials Services, Steel Europe, and Marine Systems. The Automotive Technology segment offers components, systems, and automation solutions for vehicle manufacturing, such as axle assembly, body in white, camshafts and electric engine components, dampers, dies, springs and stabilizers, crankshafts and conrods, steering, and undercarriages.

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