thyssenkrupp AG (OTCMKTS:TKAMY - Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 4,900 shares, an increase of 206.3% from the September 30th total of 1,600 shares. Based on an average daily volume of 17,400 shares, the short-interest ratio is presently 0.3 days.
thyssenkrupp Price Performance
Shares of TKAMY remained flat at $3.59 during mid-day trading on Friday. The stock had a trading volume of 787 shares, compared to its average volume of 10,340. The firm's 50-day moving average price is $3.56 and its 200 day moving average price is $4.26. thyssenkrupp has a fifty-two week low of $3.08 and a fifty-two week high of $7.73. 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 firm has a market capitalization of $2.23 billion, a PE ratio of 25.64 and a beta of 1.92.
thyssenkrupp (OTCMKTS:TKAMY - Get Free Report) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.10) earnings per share (EPS) for the quarter. The company had revenue of $9.67 billion for the quarter. thyssenkrupp had a negative return on equity of 0.45% and a negative net margin of 0.14%.
Wall Street Analysts Forecast Growth
Separately, Citigroup upgraded thyssenkrupp to a "strong-buy" rating in a research report on Monday, September 16th.
Get Our Latest Stock Analysis on TKAMY
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider thyssenkrupp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and thyssenkrupp wasn't on the list.
While thyssenkrupp currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
