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thyssenkrupp (OTCMKTS:TKAMY) Stock Passes Below 50 Day Moving Average - Time to 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 Monday . The stock has a 50 day moving average of $4.03 and traded as low as $3.91. thyssenkrupp shares last traded at $3.91, with a volume of 295 shares.

Wall Street Analyst Weigh In

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

Check Out Our Latest Report on TKAMY

thyssenkrupp Stock Up 3.5 %

The firm has a market capitalization of $2.52 billion, a PE ratio of -1.53 and a beta of 1.97. 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's 50 day simple moving average is $4.03 and its 200 day simple moving average is $3.86.

thyssenkrupp Company Profile

(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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