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Continental Aktiengesellschaft (OTCMKTS:CTTAY) Sets New 1-Year High - Here's What Happened

Continental Aktiengesellschaft logo with Auto/Tires/Trucks background

Shares of Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report) hit a new 52-week high during 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.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Hsbc Global Res raised Continental Aktiengesellschaft to a "hold" rating in a research note on Wednesday, April 2nd. Citigroup reiterated a "buy" rating on shares of Continental Aktiengesellschaft in a report on Wednesday, April 2nd.

Check Out Our Latest Stock Analysis on CTTAY

Continental Aktiengesellschaft Stock Up 0.3 %

The stock has a 50-day moving average price of $7.31 and a 200-day moving average price of $6.90. The company has a market capitalization of $15.86 billion, a P/E ratio of 14.69, a P/E/G ratio of 0.35 and a beta of 1.39. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.25 and a quick ratio of 0.81.

Continental Aktiengesellschaft Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 30th will be given a $0.1978 dividend. The ex-dividend date of this dividend is Tuesday, April 29th. This represents a dividend yield of 2.61%. This is an increase from Continental Aktiengesellschaft's previous dividend of $0.16. Continental Aktiengesellschaft's payout ratio is 30.16%.

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.

See Also

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