Continental Aktiengesellschaft (OTCMKTS:CTTAF) Shares Down 0.6% – Here’s Why

Continental Aktiengesellschaft (OTCMKTS:CTTAF)’s share price was down 0.6% on Thursday . The stock traded as low as $84.40 and last traded at $87.5040. Approximately 3,043 shares traded hands during mid-day trading, an increase of 538% from the average daily volume of 477 shares. The stock had previously closed at $88.01.

Continental Aktiengesellschaft Stock Down 0.6%

The stock has a 50 day simple moving average of $81.21 and a two-hundred day simple moving average of $79.11.

Continental Aktiengesellschaft Company Profile

Continental Aktiengesellschaft, known as Continental AG, is a global automotive technology company headquartered in Hanover, Germany. Established in 1871 as a rubber manufacturer, the company has evolved into one of the world’s leading suppliers of tires, brake systems, powertrain components, and vehicle electronics. Continental’s product portfolio spans passenger car and commercial vehicle tires, advanced braking solutions, and sensor-based safety systems designed to enhance driving performance and reduce environmental impact.

The company operates through several core business segments, including the Tire division, which produces premium tires for a broad range of vehicles; the Chassis & Safety division, focusing on brake systems, electronic stability control, and airbag electronics; the Powertrain division, offering components for internal combustion, hybrid and electric vehicles; and the Interior business, which develops instrument clusters, infotainment systems, and connectivity solutions.