thyssenkrupp (OTCMKTS:TKAMY) Stock Passes Above Fifty Day Moving Average – Time to Sell?

thyssenkrupp AG (OTCMKTS:TKAMY) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $4.31 and traded as high as $4.90. thyssenkrupp shares last traded at $4.88, with a volume of 7,134 shares.

Wall Street Analysts Forecast Growth

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 Trading Down 0.6 %

The firm has a market capitalization of $3.02 billion, a PE ratio of -1.83 and a beta of 1.99. The company’s 50-day moving average price is $4.34 and its 200-day moving average price is $3.89. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.15 and a current ratio of 1.76.

thyssenkrupp Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, February 12th. Investors of record on Tuesday, February 4th will be paid a dividend of $0.1552 per share. This is a boost from thyssenkrupp’s previous dividend of $0.10. The ex-dividend date is Tuesday, February 4th. thyssenkrupp’s payout ratio is presently -3.77%.

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.