Short Interest in Continental Aktiengesellschaft (OTCMKTS:CTTAY) Increases By 293.7%

Continental Aktiengesellschaft (OTCMKTS:CTTAY) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 181,500 shares, a growth of 293.7% from the June 30th total of 46,100 shares. Based on an average daily volume of 271,500 shares, the short-interest ratio is currently 0.7 days.

Analyst Upgrades and Downgrades

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

Continental Aktiengesellschaft Trading Up 0.8 %

Shares of OTCMKTS:CTTAY traded up $0.05 during trading on Friday, reaching $6.32. The company’s stock had a trading volume of 75,167 shares, compared to its average volume of 275,267. The company has a current ratio of 1.24, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32. Continental Aktiengesellschaft has a 12 month low of $5.56 and a 12 month high of $8.51. The firm’s 50 day simple moving average is $6.27 and its two-hundred day simple moving average is $7.02. The stock has a market capitalization of $12.64 billion, a PE ratio of 16.63, a price-to-earnings-growth ratio of 0.35 and a beta of 1.59.

Continental Aktiengesellschaft (OTCMKTS:CTTAY) last posted its quarterly earnings data on Wednesday, May 8th. The company reported ($0.03) earnings per share for the quarter. Continental Aktiengesellschaft had a return on equity of 5.06% and a net margin of 1.76%. The firm had revenue of $10.63 billion during the quarter. On average, research analysts predict that Continental Aktiengesellschaft will post 0.69 EPS 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.