Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report) saw a large drop in short interest in March. As of March 31st, there was short interest totalling 12,300 shares, a drop of 48.8% from the March 15th total of 24,000 shares. Based on an average trading volume of 593,300 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company's stock are short sold.
Continental Aktiengesellschaft Stock Performance
Shares of Continental Aktiengesellschaft stock traded up $0.11 during trading hours on Friday, reaching $7.32. 22,214 shares of the stock traded hands, compared to its average volume of 316,360. The company has a 50 day moving average price of $7.18 and a 200 day moving average price of $6.79. Continental Aktiengesellschaft has a one year low of $5.56 and a one year high of $7.81. The company has a quick ratio of 0.81, a current ratio of 1.25 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $14.64 billion, a price-to-earnings ratio of 13.56, a P/E/G ratio of 0.35 and a beta of 1.44.
Analyst Ratings Changes
A number of equities analysts have weighed in on the stock. Citigroup reaffirmed a "buy" rating on shares of Continental Aktiengesellschaft in a research note on Wednesday, April 2nd. Hsbc Global Res upgraded Continental Aktiengesellschaft to a "hold" rating in a report on Wednesday, April 2nd.
View Our Latest Analysis on CTTAY
About Continental Aktiengesellschaft
(
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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; display and operating technologies; and audio and camera solutions for the vehicle interior, as well as intelligent information and communication technology solutions.
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