Continental Aktiengesellschaft (OTCMKTS:CTTAY) Sees Significant Decline in Short Interest

Continental Aktiengesellschaft (OTCMKTS:CTTAY) saw a significant decline in short interest in November. As of November 30th, there was short interest totalling 31,200 shares, a decline of 31.9% from the November 15th total of 45,800 shares. Based on an average daily volume of 228,200 shares, the days-to-cover ratio is presently 0.1 days.

Continental Aktiengesellschaft Stock Down 1.0 %

Continental Aktiengesellschaft stock traded down $0.07 during midday trading on Friday, hitting $6.85. 87,166 shares of the company were exchanged, compared to its average volume of 118,556. The company has a market cap of $13.70 billion, a PE ratio of 12.69, a price-to-earnings-growth ratio of 0.39 and a beta of 1.58. The company’s fifty day moving average price is $6.42 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. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.25 and a quick ratio of 0.81.

Analyst Ratings Changes

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

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.