thyssenkrupp (OTCMKTS:TKAMY) Issues Quarterly Earnings Results

thyssenkrupp (OTCMKTS:TKAMY) released its quarterly earnings data on Thursday. The company reported ($0.09) EPS for the quarter, Zacks reports. thyssenkrupp had a negative return on equity of 13.47% and a negative net margin of 4.33%.

thyssenkrupp Stock Performance

OTCMKTS:TKAMY traded down $0.02 during midday trading on Thursday, reaching $4.79. 416 shares of the company traded hands, compared to its average volume of 30,744. thyssenkrupp has a twelve month low of $3.08 and a twelve month high of $6.04. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.76 and a quick ratio of 1.15. The company has a fifty day moving average price of $4.38 and a 200 day moving average price of $3.90. The firm has a market capitalization of $2.98 billion, a price-to-earnings ratio of -1.81 and a beta of 1.99.

thyssenkrupp Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 12th. Investors of record on Tuesday, February 4th were issued a $0.1552 dividend. This is an increase from thyssenkrupp’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, February 4th. thyssenkrupp’s dividend payout ratio (DPR) is -3.77%.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group lowered shares of thyssenkrupp from a “hold” rating to a “strong sell” rating in a report on Thursday, January 30th.

About thyssenkrupp

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.