Continental Aktiengesellschaft (OTCMKTS:CTTAY) Short Interest Update

Continental Aktiengesellschaft (OTCMKTS:CTTAY) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totalling 135,500 shares, a drop of 25.3% from the July 15th total of 181,500 shares. Based on an average trading volume of 647,300 shares, the short-interest ratio is presently 0.2 days.

Continental Aktiengesellschaft Stock Performance

Shares of Continental Aktiengesellschaft stock traded down $0.02 on Friday, reaching $6.54. 50,013 shares of the company were exchanged, compared to its average volume of 129,601. The firm has a market cap of $13.08 billion, a price-to-earnings ratio of 17.21, a P/E/G ratio of 0.33 and a beta of 1.59. Continental Aktiengesellschaft has a 1-year low of $5.56 and a 1-year high of $8.51. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.81 and a current ratio of 1.24. The company’s 50-day moving average is $6.17 and its two-hundred day moving average is $6.85.

Wall Street Analysts Forecast Growth

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

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.