Continental Aktiengesellschaft (OTCMKTS:CTTAY) Raised to “Strong Sell” at Sanford C. Bernstein

Sanford C. Bernstein upgraded shares of Continental Aktiengesellschaft (OTCMKTS:CTTAYFree Report) to a strong sell rating in a report released on Wednesday morning, reports.

Continental Aktiengesellschaft Price Performance

Shares of OTCMKTS CTTAY opened at $5.88 on Wednesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.24 and a quick ratio of 0.81. The stock has a fifty day moving average price of $6.53 and a 200 day moving average price of $7.37. Continental Aktiengesellschaft has a 1-year low of $5.80 and a 1-year high of $8.51. The company has a market cap of $11.76 billion, a PE ratio of 15.47, a P/E/G ratio of 0.25 and a beta of 1.61.

Continental Aktiengesellschaft (OTCMKTS:CTTAYGet Free Report) last released its earnings results on Wednesday, May 8th. The company reported ($0.03) EPS for the quarter. Continental Aktiengesellschaft had a net margin of 1.76% and a return on equity of 5.06%. The business had revenue of $10.63 billion during the quarter. Sell-side analysts forecast that Continental Aktiengesellschaft will post 0.75 EPS for the current year.

Continental Aktiengesellschaft Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, May 9th. Stockholders of record on Tuesday, April 30th were paid a $0.1568 dividend. This is a positive change from Continental Aktiengesellschaft’s previous dividend of $0.11. The ex-dividend date of this dividend was Monday, April 29th. Continental Aktiengesellschaft’s payout ratio is currently 39.47%.

About Continental Aktiengesellschaft

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Continental Aktiengesellschaft (OTCMKTS:CTTAY)

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