Continental Aktiengesellschaft (OTCMKTS:CTTAY) Short Interest Update

Continental Aktiengesellschaft (OTCMKTS:CTTAY) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 66,500 shares, an increase of 54.7% from the May 31st total of 43,000 shares. Based on an average daily trading volume, of 287,400 shares, the short-interest ratio is presently 0.2 days.

Continental Aktiengesellschaft Price Performance

Continental Aktiengesellschaft stock traded down $0.03 during mid-day trading on Friday, hitting $5.62. The stock had a trading volume of 153,715 shares, compared to its average volume of 221,235. The firm has a market capitalization of $11.24 billion, a P/E ratio of 14.79, a P/E/G ratio of 0.30 and a beta of 1.61. The company has a current ratio of 1.24, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32. The firm’s 50 day moving average is $6.43 and its 200 day moving average is $7.30. Continental Aktiengesellschaft has a one year low of $5.61 and a one year high of $8.51.

Continental Aktiengesellschaft (OTCMKTS:CTTAY) last announced its quarterly earnings results on Wednesday, May 8th. The company reported ($0.03) EPS for the quarter. The company had revenue of $10.63 billion during the quarter. Continental Aktiengesellschaft had a return on equity of 5.06% and a net margin of 1.76%. On average, sell-side analysts forecast that Continental Aktiengesellschaft will post 0.75 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein upgraded shares of Continental Aktiengesellschaft to a “strong sell” rating in a research note on Wednesday, June 19th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

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.