ThyssenKrupp (OTCMKTS:TKAMY) Sees Unusually-High Trading Volume – Should You Buy?

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) saw an uptick in trading volume on Thursday . 222,320 shares were traded during mid-day trading, an increase of 308% from the previous session’s volume of 54,448 shares.The stock last traded at $12.10 and had previously closed at $12.12.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Morgan Stanley reissued an “underweight” rating on shares of ThyssenKrupp in a research report on Tuesday, January 6th. Zacks Research upgraded shares of ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 6th. Finally, Citigroup reissued a “buy” rating on shares of ThyssenKrupp in a research report on Friday, December 5th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, ThyssenKrupp presently has an average rating of “Moderate Buy”.

ThyssenKrupp Stock Down 1.0%

The stock has a market cap of $7.47 billion, a PE ratio of 7.27 and a beta of 0.97. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.69 and a quick ratio of 1.09. The company has a 50 day moving average price of $11.54 and a two-hundred day moving average price of $12.28.

ThyssenKrupp (OTCMKTS:TKAMY) last released its quarterly earnings data on Tuesday, December 9th. The company reported $1.20 EPS for the quarter. ThyssenKrupp had a return on equity of 9.15% and a net margin of 2.80%.The company had revenue of $9.68 billion during the quarter, compared to the consensus estimate of $9.60 billion.

About ThyssenKrupp

ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.