Continental Aktiengesellschaft (OTCMKTS:CTTAY) Short Interest Update

Continental Aktiengesellschaft (OTCMKTS:CTTAY) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 81,800 shares, a decrease of 12.2% from the December 15th total of 93,200 shares. Based on an average daily trading volume, of 226,600 shares, the days-to-cover ratio is currently 0.4 days.

Analysts Set New Price Targets

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

Continental Aktiengesellschaft Trading Up 1.3 %

OTCMKTS CTTAY traded up $0.09 during mid-day trading on Friday, reaching $6.86. 56,582 shares of the stock were exchanged, compared to its average volume of 343,406. The stock has a market capitalization of $13.72 billion, a PE ratio of 12.70, a PEG ratio of 0.25 and a beta of 1.56. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.81 and a current ratio of 1.25. Continental Aktiengesellschaft has a 1-year low of $5.56 and a 1-year high of $8.36. The business’s fifty day simple moving average is $6.63 and its 200 day simple moving average is $6.42.

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.