ThyssenKrupp (OTCMKTS:TKAMY) Stock Price Up 4.7% – Should You Buy?

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY)’s share price shot up 4.7% on Friday . The stock traded as high as $13.71 and last traded at $12.95. 8,764 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 114,436 shares. The stock had previously closed at $12.3650.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on TKAMY. Morgan Stanley reissued an “underweight” rating on shares of ThyssenKrupp in a research note on Tuesday, January 6th. Zacks Research raised shares of ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a research note 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 assigned a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, ThyssenKrupp has an average rating of “Moderate Buy”.

ThyssenKrupp Trading Up 3.7%

The company has a fifty day moving average of $11.22 and a two-hundred day moving average of $12.33. The company has a quick ratio of 1.09, a current ratio of 1.69 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $7.70 billion, a price-to-earnings ratio of 8.04 and a beta of 0.97.

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

ThyssenKrupp Company Profile

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.