Continental Aktiengesellschaft (OTCMKTS:CTTAY) Short Interest Up 198.7% in December

Continental Aktiengesellschaft (OTCMKTS:CTTAY) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 93,200 shares, an increase of 198.7% from the November 30th total of 31,200 shares. Based on an average trading volume of 234,700 shares, the short-interest ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

Separately, UBS Group raised shares of Continental Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 15th.

Continental Aktiengesellschaft Stock Up 1.4 %

Continental Aktiengesellschaft stock traded up $0.09 during trading on Friday, hitting $6.74. 212,816 shares of the company were exchanged, compared to its average volume of 188,722. The company has a market capitalization of $13.48 billion, a P/E ratio of 12.48, a PEG ratio of 0.39 and a beta of 1.58. The business’s 50 day moving average is $6.50 and its 200 day moving average is $6.34. Continental Aktiengesellschaft has a 52 week low of $5.56 and a 52 week high of $8.51. The company has a current ratio of 1.25, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32.

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.