Continental Aktiengesellschaft (OTCMKTS:CTTAY) Sets New 1-Year Low at $5.63

Continental Aktiengesellschaft (OTCMKTS:CTTAY)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as $5.63 and last traded at $5.64, with a volume of 127920 shares changing hands. The stock had previously closed at $5.78.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein upgraded Continental Aktiengesellschaft to a “strong sell” rating in a report on Wednesday, June 19th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Continental Aktiengesellschaft Price Performance

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 firm has a market capitalization of $11.24 billion, a PE ratio of 14.79, a PEG ratio of 0.30 and a beta of 1.61. The firm has a 50-day simple moving average of $6.47 and a 200-day simple moving average of $7.33.

Continental Aktiengesellschaft (OTCMKTS:CTTAY) last released its quarterly earnings data on Wednesday, May 8th. The company reported ($0.03) earnings per share (EPS) 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. As a group, equities analysts forecast that Continental Aktiengesellschaft will post 0.75 earnings per share for the current year.

Continental Aktiengesellschaft Increases Dividend

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

Continental Aktiengesellschaft Company Profile

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.