Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $7.99 and last traded at $7.91, with a volume of 40472 shares trading hands. The stock had previously closed at $7.84.
Wall Street Analyst Weigh In
Several brokerages recently commented on CTTAY. Hsbc Global Res raised shares of Continental Aktiengesellschaft to a "hold" rating in a research report on Wednesday, April 2nd. Citigroup reiterated a "buy" rating on shares of Continental Aktiengesellschaft in a report on Wednesday, April 2nd.
View Our Latest Analysis on CTTAY
Continental Aktiengesellschaft Trading Down 2.4 %
The company has a 50 day moving average of $7.34 and a 200 day moving average of $6.92. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.81 and a current ratio of 1.25. The firm has a market cap of $15.82 billion, a P/E ratio of 14.65, a PEG ratio of 0.35 and a beta of 1.39.
Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.04. The firm had revenue of $11.02 billion for the quarter, compared to analyst estimates of $10.78 billion. Continental Aktiengesellschaft had a net margin of 2.51% and a return on equity of 7.09%. Analysts predict that Continental Aktiengesellschaft will post 0.66 EPS for the current fiscal year.
Continental Aktiengesellschaft Increases Dividend
The company also recently declared a dividend, which was paid on Wednesday, May 7th. Investors of record on Wednesday, April 30th were issued a $0.1978 dividend. This is a boost from Continental Aktiengesellschaft's previous dividend of $0.16. The ex-dividend date was Tuesday, April 29th. This represents a yield of 2.61%. Continental Aktiengesellschaft's dividend payout ratio (DPR) is currently 30.16%.
Continental Aktiengesellschaft Company Profile
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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.
Further Reading
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