Continental Aktiengesellschaft (OTCMKTS:CTTAY) Rating Increased to Strong Sell at Sanford C. Bernstein

Continental Aktiengesellschaft (OTCMKTS:CTTAY) was upgraded by stock analysts at Sanford C. Bernstein to a “strong sell” rating in a research note issued on Wednesday, Zacks.com reports.

Continental Aktiengesellschaft Price Performance

OTCMKTS:CTTAY opened at $5.88 on Wednesday. The company has a 50 day moving average price of $6.53 and a 200-day moving average price of $7.38. Continental Aktiengesellschaft has a 1-year low of $5.80 and a 1-year high of $8.51. The firm has a market cap of $11.76 billion, a price-to-earnings ratio of 15.47, a price-to-earnings-growth ratio of 0.24 and a beta of 1.61. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.24 and a quick ratio of 0.81.

Continental Aktiengesellschaft (OTCMKTS:CTTAY) last issued its quarterly earnings data on Wednesday, May 8th. The company reported ($0.03) earnings per share for the quarter. Continental Aktiengesellschaft had a return on equity of 5.06% and a net margin of 1.76%. The firm had revenue of $10.63 billion during the quarter. Equities research analysts forecast that Continental Aktiengesellschaft will post 0.79 EPS for the current year.

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.