thyssenkrupp (OTCMKTS:TKAMY) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

thyssenkrupp AG (OTCMKTS:TKAMY)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.55 and traded as low as $3.44. thyssenkrupp shares last traded at $3.44, with a volume of 1,597 shares traded.

Analyst Ratings Changes

Separately, Citigroup raised shares of thyssenkrupp to a “strong-buy” rating in a research note on Monday, September 16th.

thyssenkrupp Stock Up 8.9 %

The company has a market cap of $2.33 billion, a PE ratio of 26.75 and a beta of 1.92. The stock has a 50-day moving average of $3.55 and a 200-day moving average of $4.33. The company has a quick ratio of 1.16, a current ratio of 1.85 and a debt-to-equity ratio of 0.06.

thyssenkrupp (OTCMKTS:TKAMY) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.10) earnings per share (EPS) for the quarter. The business had revenue of $9.67 billion for the quarter. thyssenkrupp had a negative net margin of 0.14% and a negative return on equity of 0.45%.

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.