thyssenkrupp (OTCMKTS:TKAMY) Sets New 52-Week High – Should You Buy?

thyssenkrupp AG (OTCMKTS:TKAMY)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $6.71 and last traded at $6.62, with a volume of 90293 shares changing hands. The stock had previously closed at $6.35.

Analysts Set New Price Targets

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

thyssenkrupp Price Performance

The business has a fifty day moving average of $4.56 and a two-hundred day moving average of $4.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.15 and a current ratio of 1.76. The firm has a market capitalization of $4.12 billion, a price-to-earnings ratio of -3.01 and a beta of 1.99.

thyssenkrupp (OTCMKTS:TKAMY) last released its quarterly earnings data on Thursday, February 13th. The company reported ($0.09) EPS for the quarter. The company had revenue of $8.35 billion during the quarter. thyssenkrupp had a negative net margin of 3.63% and a negative return on equity of 11.24%.

thyssenkrupp Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 12th. Shareholders of record on Tuesday, February 4th were issued a $0.1552 dividend. This is a boost from thyssenkrupp’s previous dividend of $0.10. The ex-dividend date was Tuesday, February 4th. thyssenkrupp’s dividend payout ratio is currently -4.09%.

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.