Continental (OTCMKTS:CTTAY)‘s stock had its “buy” rating reaffirmed by analysts at DZ Bank in a report released on Wednesday, Borsen Zeitung reports.
Several other research analysts have also recently issued reports on CTTAY. ValuEngine raised Continental from a “hold” rating to a “buy” rating in a research report on Thursday, November 14th. Zacks Investment Research cut Continental from a “hold” rating to a “sell” rating in a research report on Tuesday, January 7th. Finally, Barclays cut Continental from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, October 8th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold”.
Shares of Continental stock opened at $12.36 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.76 and a current ratio of 1.05. Continental has a 52 week low of $11.50 and a 52 week high of $17.84. The stock has a 50 day moving average price of $12.97 and a two-hundred day moving average price of $13.14. The stock has a market capitalization of $25.52 billion, a PE ratio of 7.23, a price-to-earnings-growth ratio of 4.81 and a beta of 1.25.
Continental (OTCMKTS:CTTAY) last announced its quarterly earnings data on Tuesday, November 12th. The company reported ($1.10) EPS for the quarter. Continental had a negative net margin of 0.38% and a negative return on equity of 0.81%. The firm had revenue of $12.35 billion during the quarter. Research analysts forecast that Continental will post 0.18 EPS for the current year.
Continental Company Profile
Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The company operates through Chassis & Safety, Powertrain, Interior, Tires, and ContiTech segments. The Chassis & Safety segment develops, produces, and markets intelligent systems to enhance driving safety and vehicle dynamics.
Further Reading: Guidelines for Successful Channel Trading
Receive News & Ratings for Continental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental and related companies with MarketBeat.com's FREE daily email newsletter.