ThyssenKrupp (OTCMKTS:TKAMY) Shares Down 9.6% – Should You Sell?

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) fell 9.6% on Thursday . The stock traded as low as $9.45 and last traded at $9.45. 10,508 shares were traded during trading, a decline of 84% from the average session volume of 67,357 shares. The stock had previously closed at $10.45.

Analysts Set New Price Targets

TKAMY has been the topic of several research reports. Citigroup reissued a “buy” rating on shares of ThyssenKrupp in a research report on Friday, December 5th. Zacks Research downgraded shares of ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 24th. Jefferies Financial Group raised shares of ThyssenKrupp from a “hold” rating to a “buy” rating in a research note on Friday, February 20th. Morgan Stanley reiterated an “underweight” rating on shares of ThyssenKrupp in a report on Tuesday, January 6th. Finally, Barclays reissued an “underweight” rating on shares of ThyssenKrupp in a research note on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, ThyssenKrupp presently has an average rating of “Hold”.

ThyssenKrupp Stock Performance

The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.01 and a current ratio of 1.72. The firm’s fifty day moving average price is $12.41 and its 200 day moving average price is $12.55. The firm has a market cap of $5.88 billion, a P/E ratio of 8.74 and a beta of 1.00.

ThyssenKrupp (OTCMKTS:TKAMY) last released its quarterly earnings results on Thursday, February 12th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.27). The company had revenue of $8.52 billion during the quarter, compared to the consensus estimate of $9.42 billion. ThyssenKrupp had a return on equity of 9.08% and a net margin of 1.83%.

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.