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Continental Aktiengesellschaft (OTCMKTS:CTTAY) Share Price Passes Below 50-Day Moving Average - Time to Sell?

Continental Aktiengesellschaft logo with Auto/Tires/Trucks background

Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $6.35 and traded as low as $6.21. Continental Aktiengesellschaft shares last traded at $6.24, with a volume of 47,803 shares traded.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein raised shares of Continental Aktiengesellschaft to a "strong sell" rating in a research note on Wednesday, June 19th.

View Our Latest Stock Analysis on Continental Aktiengesellschaft

Continental Aktiengesellschaft Stock Performance

The company has a debt-to-equity ratio of 0.30, a current ratio of 1.20 and a quick ratio of 0.77. The stock has a market cap of $11.96 billion, a P/E ratio of 15.74, a price-to-earnings-growth ratio of 0.44 and a beta of 1.58. The company has a 50 day simple moving average of $6.34 and a 200-day simple moving average of $6.48.

Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.16 EPS for the quarter. Continental Aktiengesellschaft had a net margin of 2.02% and a return on equity of 5.71%. The firm had revenue of $10.77 billion for the quarter. On average, equities analysts expect that Continental Aktiengesellschaft will post 0.64 earnings per share for the current fiscal year.

About Continental Aktiengesellschaft

(Get Free Report)

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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