Continental Aktiengesellschaft (OTCMKTS:CTTAY) Short Interest Update

Continental Aktiengesellschaft (OTCMKTS:CTTAY) saw a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 6,200 shares, a decrease of 6.1% from the October 15th total of 6,600 shares. Based on an average trading volume of 467,300 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, UBS Group raised Continental Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 15th.

Continental Aktiengesellschaft Price Performance

Shares of CTTAY opened at $6.47 on Wednesday. The company has a quick ratio of 0.77, a current ratio of 1.20 and a debt-to-equity ratio of 0.30. The company has a market cap of $12.94 billion, a P/E ratio of 11.98, a PEG ratio of 0.43 and a beta of 1.57. The firm’s 50 day moving average price is $6.24 and its 200 day moving average price is $6.33. Continental Aktiengesellschaft has a fifty-two week low of $5.56 and a fifty-two week high of $8.51.

About Continental Aktiengesellschaft

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.