Continental Aktiengesellschaft (OTCMKTS:CTTAY) Announces Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Continental Aktiengesellschaft (OTCMKTS:CTTAY) announced its quarterly earnings results on Tuesday. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.17 by $0.06, Zacks reports. Continental Aktiengesellschaft had a net margin of 2.51% and a return on equity of 7.09%.

Continental Aktiengesellschaft Trading Up 0.4 %

CTTAY stock opened at $7.14 on Tuesday. The firm has a fifty day moving average price of $6.90 and a 200 day moving average price of $6.59. Continental Aktiengesellschaft has a fifty-two week low of $5.56 and a fifty-two week high of $7.96. The firm has a market cap of $14.28 billion, a PE ratio of 13.22, a price-to-earnings-growth ratio of 0.35 and a beta of 1.56. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.81 and a current ratio of 1.25.

Wall Street Analysts Forecast Growth

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

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.