Continental Aktiengesellschaft (OTCMKTS:CTTAY) Short Interest Update

Continental Aktiengesellschaft (OTCMKTS:CTTAYGet Rating) saw a large decline in short interest in August. As of August 31st, there was short interest totalling 1,500 shares, a decline of 98.0% from the August 15th total of 74,800 shares. Based on an average trading volume of 1,177,400 shares, the days-to-cover ratio is presently 0.0 days.

Continental Aktiengesellschaft Stock Down 0.2 %

CTTAY opened at $5.59 on Thursday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.86 and a current ratio of 1.25. Continental Aktiengesellschaft has a 1 year low of $5.40 and a 1 year high of $13.56. The stock’s 50 day simple moving average is $6.47 and its 200-day simple moving average is $6.94.

Continental Aktiengesellschaft (OTCMKTS:CTTAYGet Rating) last announced its earnings results on Tuesday, August 9th. The company reported ($0.13) earnings per share for the quarter. Continental Aktiengesellschaft had a return on equity of 3.31% and a net margin of 1.33%. The company had revenue of $10.06 billion during the quarter. On average, analysts expect that Continental Aktiengesellschaft will post 0.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CTTAY has been the subject of several recent analyst reports. Barclays upgraded Continental Aktiengesellschaft from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, July 6th. Exane BNP Paribas raised shares of Continental Aktiengesellschaft from a “neutral” rating to an “outperform” rating in a research report on Wednesday, June 29th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $90.67.

About Continental Aktiengesellschaft

(Get Rating)

Continental Aktiengesellschaft, a technology company, offers intelligent solutions for vehicles, machines, traffic, and transportation worldwide. It operates through four sectors: Automotive, Tires, ContiTech, and Contract Manufacturing. The company offers safety, brake, chassis, motion, and motion control systems; solutions for assisted and automated driving; and audio and camera solutions for the vehicle interior, as well as intelligent information and communication technology solutions.

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