Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $8.89 and last traded at $8.82, with a volume of 19575 shares. The stock had previously closed at $8.78.
Analyst Ratings Changes
CTTAY has been the topic of several recent research reports. Jefferies Financial Group lowered shares of Continental Aktiengesellschaft from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Hsbc Global Res upgraded shares of Continental Aktiengesellschaft to a "hold" rating in a research report on Wednesday, April 2nd. Finally, Citigroup restated a "buy" rating on shares of Continental Aktiengesellschaft in a research report on Wednesday, April 2nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Continental Aktiengesellschaft presently has an average rating of "Hold".
Check Out Our Latest Report on Continental Aktiengesellschaft
Continental Aktiengesellschaft Stock Performance
The company has a current ratio of 1.25, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $17.56 billion, a PE ratio of 16.26, a PEG ratio of 0.35 and a beta of 1.39. The firm's 50-day simple moving average is $8.06 and its two-hundred day simple moving average is $7.34.
Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.04. Continental Aktiengesellschaft had a net margin of 2.51% and a return on equity of 7.09%. The firm had revenue of $11.02 billion for the quarter, compared to analysts' expectations of $10.78 billion. On average, equities research analysts expect that Continental Aktiengesellschaft will post 0.66 earnings per share for the current fiscal year.
Continental Aktiengesellschaft Increases Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 30th were given a dividend of $0.1978 per share. This represents a yield of 2.61%. This is a boost from Continental Aktiengesellschaft's previous dividend of $0.16. The ex-dividend date of this dividend was Tuesday, April 29th. Continental Aktiengesellschaft's payout ratio is presently 27.14%.
About Continental Aktiengesellschaft
(
Get Free Report)
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.
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