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thyssenkrupp (OTCMKTS:TKAMY) Stock Crosses Below 50-Day Moving Average - Should You Sell?

thyssenkrupp logo with Basic Materials background

thyssenkrupp AG (OTCMKTS:TKAMY - Get Free Report)'s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.55 and traded as low as $3.44. thyssenkrupp shares last traded at $3.44, with a volume of 1,597 shares trading hands.

Analyst Ratings Changes

Separately, Citigroup raised thyssenkrupp to a "strong-buy" rating in a research note on Monday, September 16th.

Read Our Latest Research Report on thyssenkrupp

thyssenkrupp Price Performance

The stock has a market capitalization of $2.33 billion, a P/E ratio of 26.75 and a beta of 1.92. The company has a current ratio of 1.85, a quick ratio of 1.16 and a debt-to-equity ratio of 0.06. The business has a fifty day simple moving average of $3.55 and a 200 day simple moving average of $4.34.

thyssenkrupp (OTCMKTS:TKAMY - Get Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.10) earnings per share for the quarter. The firm had revenue of $9.67 billion for the quarter. thyssenkrupp had a negative net margin of 0.14% and a negative return on equity of 0.45%.

About thyssenkrupp

(Get Free Report)

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.

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