Short Interest in Continental Aktiengesellschaft (OTCMKTS:CTTAY) Declines By 12.2%

Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 81,800 shares, a decrease of 12.2% from the December 15th total of 93,200 shares. Based on an average daily volume of 226,600 shares, the short-interest ratio is currently 0.4 days.

Continental Aktiengesellschaft Stock Performance

OTCMKTS:CTTAY traded up $0.09 during trading hours on Friday, reaching $6.86. 56,582 shares of the stock were exchanged, compared to its average volume of 343,406. 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 50 day simple moving average of $6.63 and a 200-day simple moving average of $6.43. Continental Aktiengesellschaft has a 52 week low of $5.56 and a 52 week high of $8.36. The stock has a market capitalization of $13.72 billion, a P/E ratio of 12.70, a P/E/G ratio of 0.25 and a beta of 1.56.

Analyst Ratings Changes

Separately, UBS Group raised Continental Aktiengesellschaft from a "hold" rating to a "strong-buy" rating in a report on Friday, November 15th.

About Continental Aktiengesellschaft

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.