thyssenkrupp (OTCMKTS:TKAMY) Issues Quarterly Earnings Results

thyssenkrupp (OTCMKTS:TKAMY) posted its quarterly earnings results on Thursday. The company reported ($0.09) earnings per share 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 Up 2.0 %

Shares of thyssenkrupp stock opened at $4.88 on Friday. thyssenkrupp has a 12-month low of $3.08 and a 12-month high of $5.84. 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’s 50-day moving average price is $4.38 and its 200-day moving average price is $3.90.

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 issued a $0.1552 dividend. 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 presently -3.77%.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered shares of thyssenkrupp from a “hold” rating to a “strong sell” rating in a research 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.