thyssenkrupp (OTCMKTS:TKAMY) Announces Quarterly Earnings Results

thyssenkrupp (OTCMKTS:TKAMY) released its earnings results on Thursday. The company reported ($0.09) earnings per share (EPS) for the quarter, Zacks reports. thyssenkrupp had a negative net margin of 4.33% and a negative return on equity of 13.47%.

thyssenkrupp Stock Performance

Shares of thyssenkrupp stock traded up $0.08 on Friday, reaching $4.96. 123,016 shares of the company traded hands, compared to its average volume of 30,744. The firm has a market capitalization of $3.09 billion, a PE ratio of -1.87 and a beta of 1.99. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.76 and a quick ratio of 1.15. The company has a 50 day moving average of $4.40 and a 200 day moving average of $3.92. thyssenkrupp has a 52 week low of $3.08 and a 52 week high of $5.84.

thyssenkrupp Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 12th. Stockholders of record on Tuesday, February 4th were given a dividend of $0.1552 per share. This is an increase from thyssenkrupp’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, February 4th. thyssenkrupp’s dividend payout ratio is currently -4.09%.

Analysts Set New Price Targets

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 Company Profile

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.