thyssenkrupp (OTCMKTS:TKAMY) Upgraded at Citigroup

Citigroup upgraded shares of thyssenkrupp (OTCMKTS:TKAMY) to a strong-buy rating in a research report sent to investors on Monday, Zacks.com reports.

thyssenkrupp Stock Performance

OTCMKTS:TKAMY opened at $3.53 on Monday. The company has a current ratio of 1.85, a quick ratio of 1.16 and a debt-to-equity ratio of 0.06. The stock has a 50 day simple moving average of $3.71 and a 200 day simple moving average of $4.56. thyssenkrupp has a 1-year low of $3.08 and a 1-year high of $7.73. The stock has a market cap of $2.20 billion, a P/E ratio of 25.25 and a beta of 1.92.

thyssenkrupp (OTCMKTS:TKAMY) last posted its earnings results on Wednesday, August 14th. The company reported ($0.10) earnings per share for the quarter. thyssenkrupp had a negative return on equity of 0.45% and a negative net margin of 0.14%. The firm had revenue of $9.67 billion for the quarter.

thyssenkrupp Company Profile

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.