ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Short Interest Update

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) saw a significant growth in short interest in the month of August. As of August 15th, there was short interest totaling 3,500 shares, a growth of 40.0% from the July 31st total of 2,500 shares. Based on an average trading volume of 87,200 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 87,200 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, DZ Bank cut ThyssenKrupp from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 30th. Two analysts have rated the stock with a Strong Buy rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, ThyssenKrupp has an average rating of “Moderate Buy”.

ThyssenKrupp Stock Down 1.5%

OTCMKTS:TKAMY opened at $11.74 on Wednesday. The stock’s fifty day moving average price is $11.48 and its two-hundred day moving average price is $10.57. ThyssenKrupp has a 52-week low of $3.08 and a 52-week high of $13.29. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.09 and a current ratio of 1.73. The company has a market cap of $7.31 billion, a price-to-earnings ratio of -8.27 and a beta of 1.33.

ThyssenKrupp (OTCMKTS:TKAMY) last announced its quarterly earnings data on Wednesday, August 13th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.05. The firm had revenue of $9.73 billion during the quarter, compared to analysts’ expectations of $8.62 billion. ThyssenKrupp had a negative return on equity of 7.90% and a negative net margin of 2.40%.

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.