Continental Aktiengesellschaft (OTCMKTS:CTTAY) Sees Significant Decline in Short Interest

Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report) saw a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 31,200 shares, a drop of 31.9% from the November 15th total of 45,800 shares. Based on an average daily volume of 228,200 shares, the days-to-cover ratio is presently 0.1 days.

Continental Aktiengesellschaft Trading Up 1.5 %

OTCMKTS:CTTAY traded up $0.10 during trading hours on Friday, hitting $6.95. The company had a trading volume of 77,843 shares, compared to its average volume of 191,766. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.25 and a quick ratio of 0.81. The stock has a 50-day moving average price of $6.43 and a 200 day moving average price of $6.34. The company has a market capitalization of $13.90 billion, a PE ratio of 12.87, a price-to-earnings-growth ratio of 0.39 and a beta of 1.58. Continental Aktiengesellschaft has a 52 week low of $5.56 and a 52 week high of $8.51.

Wall Street Analyst Weigh In

Separately, UBS Group raised Continental Aktiengesellschaft from a "hold" rating to a "strong-buy" rating in a research note 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.