thyssenkrupp (OTCMKTS:TKAMY) Raised to “Strong-Buy” at Citigroup

Citigroup upgraded shares of thyssenkrupp (OTCMKTS:TKAMYFree Report) to a strong-buy rating in a research note published on Monday morning, Zacks.com reports.

thyssenkrupp Stock Performance

Shares of TKAMY stock opened at $3.53 on Monday. The company has a market cap of $2.20 billion, a price-to-earnings ratio of 25.25 and a beta of 1.92. thyssenkrupp has a 52 week low of $3.08 and a 52 week high of $7.73. The company has a quick ratio of 1.16, a current ratio of 1.85 and a debt-to-equity ratio of 0.06. The firm has a 50 day moving average of $3.71 and a 200-day moving average of $4.56.

thyssenkrupp (OTCMKTS:TKAMYGet Free Report) last released its earnings results on Wednesday, August 14th. The company reported ($0.10) EPS for the quarter. The business had revenue of $9.67 billion for the quarter. thyssenkrupp had a negative return on equity of 0.45% and a negative net margin of 0.14%.

thyssenkrupp Company Profile

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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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