Continental Aktiengesellschaft (OTCMKTS:CTTAY) Sees Significant Decrease in Short Interest

Continental Aktiengesellschaft (OTCMKTS:CTTAY) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 9,200 shares, a drop of 66.1% from the February 13th total of 27,100 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 823,700 shares, the short-interest ratio is presently 0.0 days.

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.

Continental Aktiengesellschaft Stock Up 1.6 %

Shares of CTTAY opened at $7.49 on Thursday. 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 has a 12 month low of $5.56 and a 12 month high of $7.58. The stock’s 50 day moving average is $6.98 and its two-hundred day moving average is $6.62. The firm has a market cap of $14.98 billion, a P/E ratio of 13.87, a PEG ratio of 0.35 and a beta of 1.64.

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.