Barclays PLC downgraded shares of ThyssenKrupp AG (OTCMKTS:TYEKF) from an equal weight rating to an underweight rating in a report released on Tuesday morning, Marketbeat.com reports.

ThyssenKrupp AG (OTCMKTS TYEKF) opened at 28.06 on Tuesday. ThyssenKrupp AG has a 12-month low of $22.19 and a 12-month high of $31.85. The company’s market capitalization is $15.88 billion. The stock has a 50 day moving average of $29.99 and a 200-day moving average of $27.53.

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ThyssenKrupp AG Company Profile

thyssenkrupp AG operates in the areas of mechanical, plant, and materials technologies in Germany and internationally. The company’s Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines. This segment’s products include assembled camshafts, powertrain crankshafts, steering and damping systems, net-machined crankshafts, engine components, steering columns and shafts, steering gears, slewing bearings, crawlers, crawler components, and springs and stabilizers, as well as cylinder head modules with integrated camshafts.

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