THYSSENKRUPP AG/S (OTCMKTS:TKAMY) was the target of a large drop in short interest in July. As of July 31st, there was short interest totalling 6,400 shares, a drop of 48.0% from the July 15th total of 12,300 shares. Based on an average trading volume of 9,300 shares, the days-to-cover ratio is presently 0.7 days.
Shares of OTCMKTS TKAMY traded up $0.03 during trading hours on Thursday, hitting $7.52. 5,429 shares of the stock were exchanged, compared to its average volume of 10,506. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.78 and a current ratio of 1.12. The company has a market cap of $4.66 billion, a PE ratio of -2.02 and a beta of 1.95. The company’s fifty day simple moving average is $7.69 and its two-hundred day simple moving average is $7.55. THYSSENKRUPP AG/S has a 1-year low of $3.64 and a 1-year high of $15.43.
A number of analysts have recently issued reports on TKAMY shares. Societe Generale restated a “buy” rating on shares of THYSSENKRUPP AG/S in a report on Friday, May 15th. Credit Suisse Group reissued an “outperform” rating on shares of THYSSENKRUPP AG/S in a report on Friday, August 14th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of THYSSENKRUPP AG/S in a research note on Friday, August 14th. Zacks Investment Research raised shares of THYSSENKRUPP AG/S from a “sell” rating to a “buy” rating and set a $8.50 price target on the stock in a research report on Thursday. Finally, Morgan Stanley reaffirmed an “equal weight” rating on shares of THYSSENKRUPP AG/S in a report on Tuesday, June 23rd. One research analyst has rated the stock with a sell rating, two have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. THYSSENKRUPP AG/S currently has a consensus rating of “Buy” and an average target price of $8.50.
THYSSENKRUPP AG/S Company Profile
thyssenkrupp AG operates in the areas of components technology, elevator technology, industrial solutions, and materials services in Germany, the United States, and China. The company's Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines.
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