Short Interest in Continental Aktiengesellschaft (OTCMKTS:CTTAY) Expands By 11.9%

Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 6,600 shares, a growth of 11.9% from the September 30th total of 5,900 shares. Based on an average daily volume of 332,200 shares, the short-interest ratio is presently 0.0 days.

Continental Aktiengesellschaft Stock Performance

Shares of CTTAY stock traded down $0.15 during trading hours on Tuesday, reaching $6.13. 71,941 shares of the company traded hands, compared to its average volume of 203,213. The firm has a 50-day moving average price of $6.34 and a 200 day moving average price of $6.37. The company has a market cap of $12.26 billion, a P/E ratio of 16.13, a P/E/G ratio of 0.48 and a beta of 1.57. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.20 and a quick ratio of 0.77. Continental Aktiengesellschaft has a 12-month low of $5.56 and a 12-month high of $8.51.

Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.16 earnings per share for the quarter. The business had revenue of $10.77 billion for the quarter. Continental Aktiengesellschaft had a net margin of 2.02% and a return on equity of 5.71%. As a group, sell-side analysts predict that Continental Aktiengesellschaft will post 0.63 earnings per share for the current fiscal year.

Continental Aktiengesellschaft Company Profile

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.