Continental Aktiengesellschaft (OTCMKTS:CTTAY) Short Interest Down 82.9% in September

Continental Aktiengesellschaft (OTCMKTS:CTTAY) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 5,900 shares, a drop of 82.9% from the September 15th total of 34,600 shares. Based on an average daily trading volume, of 313,200 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Sanford C. Bernstein upgraded shares of Continental Aktiengesellschaft to a “strong sell” rating in a research report on Wednesday, June 19th.

Continental Aktiengesellschaft Stock Performance

OTCMKTS:CTTAY remained flat at $6.46 during trading hours on Friday. The company had a trading volume of 744,807 shares, compared to its average volume of 198,980. The stock has a fifty day moving average price of $6.36 and a two-hundred day moving average price of $6.44. The stock has a market cap of $12.92 billion, a price-to-earnings ratio of 15.02, a P/E/G ratio of 0.48 and a beta of 1.57. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.77 and a current ratio of 1.20. Continental Aktiengesellschaft has a 52-week low of $5.56 and a 52-week high of $8.51.

Continental Aktiengesellschaft (OTCMKTS:CTTAY) last issued its earnings results on Wednesday, August 7th. The company reported $0.16 earnings per share for the quarter. The company had revenue of $10.77 billion for the quarter. Continental Aktiengesellschaft had a return on equity of 5.71% and a net margin of 2.02%. On average, equities research analysts predict that Continental Aktiengesellschaft will post 0.63 earnings per share for the current 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.