Continental Aktiengesellschaft (OTCMKTS:CTTAY) Sees Large Increase in Short Interest

Continental Aktiengesellschaft (OTCMKTS:CTTAY) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 27,100 shares, an increase of 133.6% from the January 31st total of 11,600 shares. Based on an average daily trading volume, of 1,204,400 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

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

Continental Aktiengesellschaft Trading Down 0.1 %

CTTAY traded down $0.01 during trading on Friday, reaching $7.11. 57,221 shares of the company’s stock were exchanged, compared to its average volume of 472,326. The stock has a market capitalization of $14.22 billion, a PE ratio of 13.17, a price-to-earnings-growth ratio of 0.35 and a beta of 1.56. Continental Aktiengesellschaft has a one year low of $5.56 and a one year high of $8.03. The company has a current ratio of 1.25, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32. The firm has a fifty day moving average price of $6.89 and a two-hundred day moving average price of $6.59.

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.