thyssenkrupp (OTCMKTS:TKAMY) Sets New 12-Month High – Here’s What Happened

thyssenkrupp AG (OTCMKTS:TKAMYGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $11.65 and last traded at $11.60, with a volume of 422960 shares. The stock had previously closed at $10.05.

Wall Street Analyst Weigh In

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

Get Our Latest Analysis on TKAMY

thyssenkrupp Trading Down 6.8 %

The company has a current ratio of 1.76, a quick ratio of 1.15 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $6.39 billion, a P/E ratio of -4.66 and a beta of 1.85. The company has a 50-day moving average price of $6.40 and a 200 day moving average price of $4.70.

thyssenkrupp (OTCMKTS:TKAMYGet Free Report) last posted its 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 during the quarter. thyssenkrupp had a negative net margin of 3.63% and a negative return on equity of 11.24%.

thyssenkrupp Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 12th. Investors 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 a positive change from thyssenkrupp’s previous dividend of $0.10. thyssenkrupp’s payout ratio is -4.09%.

About thyssenkrupp

(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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