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

Shares of Continental Aktiengesellschaft (OTCMKTS:CTTAY) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $5.63 and last traded at $5.64, with a volume of 127920 shares trading hands. The stock had previously closed at $5.78.

Analyst Ratings Changes

Separately, Sanford C. Bernstein raised Continental Aktiengesellschaft to a “strong sell” rating in a research report on Wednesday, June 19th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Continental Aktiengesellschaft currently has a consensus rating of “Moderate Buy”.

Continental Aktiengesellschaft Trading Down 2.4 %

The business has a 50 day moving average price of $6.49 and a 200-day moving average price of $7.34. The firm has a market cap of $11.28 billion, a price-to-earnings ratio of 15.21, a price-to-earnings-growth ratio of 0.30 and a beta of 1.61. The company has a quick ratio of 0.81, a current ratio of 1.24 and a debt-to-equity ratio of 0.32.

Continental Aktiengesellschaft (OTCMKTS:CTTAY) last posted its quarterly earnings data on Wednesday, May 8th. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $10.63 billion for the quarter. Continental Aktiengesellschaft had a net margin of 1.76% and a return on equity of 5.06%. As a group, research analysts expect that Continental Aktiengesellschaft will post 0.75 EPS for the current fiscal year.

Continental Aktiengesellschaft Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, May 9th. Stockholders of record on Tuesday, April 30th were paid a dividend of $0.1568 per share. The ex-dividend date of this dividend was Monday, April 29th. This is an increase from Continental Aktiengesellschaft’s previous dividend of $0.11. Continental Aktiengesellschaft’s dividend payout ratio (DPR) is currently 39.47%.

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.