thyssenkrupp (OTCMKTS:TKAMY) Sets New 1-Year High – Still a Buy?

thyssenkrupp AG (OTCMKTS:TKAMY) hit a new 52-week high during trading on Monday . The company traded as high as $9.44 and last traded at $9.15, with a volume of 525474 shares trading hands. The stock had previously closed at $7.95.

Wall Street Analyst Weigh In

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

thyssenkrupp Trading Up 15.1 %

The firm’s 50-day simple moving average is $4.90 and its 200-day simple moving average is $4.14. The firm has a market capitalization of $5.70 billion, a PE ratio of -4.16 and a beta of 1.99. 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 (OTCMKTS:TKAMY) last posted its quarterly earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share (EPS) for the quarter. The company had revenue of $8.35 billion for the quarter. thyssenkrupp had a negative return on equity of 11.24% and a negative net margin of 3.63%.

thyssenkrupp Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 12th. Shareholders of record on Tuesday, February 4th were given a dividend of $0.1552 per share. The ex-dividend date of this dividend was Tuesday, February 4th. This is a boost from thyssenkrupp’s previous dividend of $0.10. thyssenkrupp’s dividend payout ratio 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.