Continental Aktiengesellschaft (OTCMKTS:CTTAY) Stock Price Down 3.8%

Continental Aktiengesellschaft (OTCMKTS:CTTAY)’s share price was down 3.8% during trading on Friday . The stock traded as low as $6.50 and last traded at $6.51. Approximately 77,599 shares changed hands during mid-day trading, a decline of 38% from the average daily volume of 124,176 shares. The stock had previously closed at $6.77.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein upgraded Continental Aktiengesellschaft to a “strong sell” rating in a research report on Wednesday, June 19th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, Continental Aktiengesellschaft has an average rating of “Hold”.

Continental Aktiengesellschaft Stock Down 3.8 %

The business has a fifty day moving average of $6.39 and a 200 day moving average of $6.70. The company has a market capitalization of $13.02 billion, a PE ratio of 17.13, a PEG ratio of 0.37 and a beta of 1.58. The company has a current ratio of 1.20, a quick ratio of 0.81 and a debt-to-equity ratio of 0.30.

Continental Aktiengesellschaft (OTCMKTS:CTTAY) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $10.77 billion during the quarter. Continental Aktiengesellschaft had a return on equity of 5.71% and a net margin of 2.02%. Equities research analysts anticipate that Continental Aktiengesellschaft will post 0.69 EPS for the current year.

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.