Continental Aktiengesellschaft (OTCMKTS:CTTAY) Announces Earnings Results

Continental Aktiengesellschaft (OTCMKTS:CTTAY) released its earnings results on Wednesday. The company reported $0.16 earnings per share (EPS) for the quarter, reports. The firm had revenue of $10.77 billion during the quarter. Continental Aktiengesellschaft had a return on equity of 5.06% and a net margin of 1.76%.

Continental Aktiengesellschaft Price Performance

Continental Aktiengesellschaft stock remained flat at $6.49 during midday trading on Friday. The company’s stock had a trading volume of 104,939 shares, compared to its average volume of 129,189. Continental Aktiengesellschaft has a one year low of $5.56 and a one year high of $8.51. The company has a current ratio of 1.24, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32. The stock has a market cap of $12.98 billion, a P/E ratio of 17.08, a P/E/G ratio of 0.33 and a beta of 1.59. The stock’s fifty day moving average is $6.19 and its 200-day moving average is $6.89.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein upgraded Continental Aktiengesellschaft to a “strong sell” rating in a report on Wednesday, June 19th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

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.