thyssenkrupp AG (OTCMKTS:TKAMY) Short Interest Update

thyssenkrupp AG (OTCMKTS:TKAMY) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 22,300 shares, an increase of 92.2% from the January 31st total of 11,600 shares. Based on an average daily volume of 46,100 shares, the short-interest ratio is presently 0.5 days.

thyssenkrupp Stock Down 0.3 %

TKAMY stock opened at $7.95 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.76 and a quick ratio of 1.15. thyssenkrupp has a 1-year low of $3.08 and a 1-year high of $8.20. The firm has a fifty day moving average price of $4.90 and a two-hundred day moving average price of $4.13. The firm has a market cap of $4.95 billion, a price-to-earnings ratio of -3.61 and a beta of 1.99.

thyssenkrupp (OTCMKTS:TKAMY) last released its earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share for the quarter. thyssenkrupp had a negative net margin of 3.63% and a negative return on equity of 11.24%. The business had revenue of $8.35 billion for the quarter.

thyssenkrupp Increases Dividend

The company also recently declared 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. The ex-dividend date of this dividend was Tuesday, February 4th. This is a positive change from thyssenkrupp’s previous dividend of $0.10. thyssenkrupp’s dividend payout ratio is currently -4.09%.

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 research note 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.