thyssenkrupp (OTCMKTS:TKAMY) Upgraded to Strong-Buy at Kepler Capital Markets

Kepler Capital Markets upgraded shares of thyssenkrupp (OTCMKTS:TKAMY) from a hold rating to a strong-buy rating in a report issued on Monday,Zacks.com reports.

Separately, The Goldman Sachs Group downgraded shares of thyssenkrupp from a “hold” rating to a “strong sell” rating in a report on Thursday, January 30th.

thyssenkrupp Trading Down 2.5 %

Shares of thyssenkrupp stock opened at $10.49 on Monday. The firm’s 50-day moving average price is $7.63 and its two-hundred day moving average price is $5.19. The company has a market capitalization of $6.53 billion, a price-to-earnings ratio of -4.77 and a beta of 1.85. The company has a quick ratio of 1.15, a current ratio of 1.76 and a debt-to-equity ratio of 0.06. thyssenkrupp has a 12-month low of $3.08 and a 12-month high of $11.65.

thyssenkrupp (OTCMKTS:TKAMY) last announced its quarterly earnings data on Thursday, February 13th. The company reported ($0.09) earnings per share (EPS) for the quarter. thyssenkrupp had a negative net margin of 3.63% and a negative return on equity of 11.24%. The firm had revenue of $8.35 billion during the quarter.

thyssenkrupp Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 12th. Stockholders of record on Tuesday, February 4th were paid a dividend of $0.1552 per share. The ex-dividend date was Tuesday, February 4th. This is an increase from thyssenkrupp’s previous dividend of $0.10. thyssenkrupp’s dividend payout ratio (DPR) is presently -4.09%.

About thyssenkrupp

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.