thyssenkrupp (OTCMKTS:TKAMY) Hits New 1-Year Low at $6.69

thyssenkrupp AG (OTCMKTS:TKAMYGet Rating) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $6.69 and last traded at $6.78, with a volume of 17742 shares traded. The stock had previously closed at $7.35.

A number of equities analysts recently issued reports on TKAMY shares. Morgan Stanley decreased their target price on thyssenkrupp from €9.70 ($10.21) to €8.60 ($9.05) in a report on Monday, April 11th. Credit Suisse Group lifted their price target on thyssenkrupp from €16.50 ($17.37) to €17.60 ($18.53) and gave the company an “outperform” rating in a report on Friday, May 13th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on thyssenkrupp from €18.00 ($18.95) to €17.00 ($17.89) in a report on Thursday, March 17th.

The company has a debt-to-equity ratio of 0.22, a current ratio of 1.98 and a quick ratio of 1.28. The firm has a market cap of $4.22 billion, a PE ratio of 4.06 and a beta of 1.80. The business has a fifty day moving average price of $8.28 and a two-hundred day moving average price of $9.48.

thyssenkrupp (OTCMKTS:TKAMYGet Rating) last issued its quarterly earnings results on Wednesday, May 11th. The company reported $1.02 earnings per share for the quarter. The business had revenue of $11.89 billion for the quarter, compared to the consensus estimate of $10.05 billion. thyssenkrupp had a return on equity of 7.74% and a net margin of 2.38%. As a group, sell-side analysts forecast that thyssenkrupp AG will post 2.38 EPS for the current fiscal year.

About thyssenkrupp (OTCMKTS:TKAMY)

thyssenkrupp AG operates in the areas of automotive technology, industrial components, marine systems, steel, and materials services in Germany, the United States, China, and internationally. The company's Automotive Technology segment develops and manufactures components and systems, as well as automation solutions for the automotive industry.

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