Short Interest in Continental Aktiengesellschaft (OTCMKTS:CTTAY) Drops By 48.8%

Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 12,300 shares, a drop of 48.8% from the March 15th total of 24,000 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 593,300 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CTTAY. Hsbc Global Res raised shares of Continental Aktiengesellschaft to a "hold" rating in a research note on Wednesday, April 2nd. Citigroup reissued a "buy" rating on shares of Continental Aktiengesellschaft in a research note on Wednesday, April 2nd.

Continental Aktiengesellschaft Price Performance

Shares of OTCMKTS CTTAY traded down $0.09 during trading on Monday, hitting $7.23. The company had a trading volume of 36,061 shares, compared to its average volume of 312,601. 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 company has a market cap of $14.46 billion, a P/E ratio of 13.39, a PEG ratio of 0.35 and a beta of 1.44. The business's 50-day moving average is $7.19 and its 200 day moving average is $6.80. Continental Aktiengesellschaft has a 52 week low of $5.56 and a 52 week high of $7.81.

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.