Continental AG (OTCMKTS:CTTAY) Given Average Recommendation of “Hold” by Analysts

Shares of Continental AG (OTCMKTS:CTTAY) have received a consensus rating of “Hold” from the eight analysts that are covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

Separately, Zacks Research upgraded shares of Continental from a “strong sell” rating to a “hold” rating in a research report on Monday, March 9th.

Continental Stock Up 4.3%

CTTAY stock opened at $8.28 on Friday. The firm has a market cap of $16.56 billion, a PE ratio of -51.75, a P/E/G ratio of 0.63 and a beta of 1.38. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.82 and a current ratio of 1.25. The firm’s fifty day moving average is $7.82 and its 200 day moving average is $7.84. Continental has a one year low of $6.21 and a one year high of $9.19.

Continental (OTCMKTS:CTTAY) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.06). The firm had revenue of $5.14 billion for the quarter, compared to analyst estimates of $5.07 billion. Continental had a net margin of 0.19% and a negative return on equity of 4.89%. On average, research analysts forecast that Continental will post 0.81 EPS for the current year.

About Continental

Continental AG, trading on the OTC market under the ticker CTTAY, is a global technology company renowned for its wide range of automotive and industrial products. The company’s core businesses include the design, development, and manufacturing of tires for passenger cars, commercial trucks, and specialty applications, as well as advanced automotive systems such as braking solutions, vehicle stability controls, sensors and electronic safety devices.

Founded in 1871 and headquartered in Hanover, Germany, Continental began as a rubber manufacturer before pioneering pneumatic tires in the late 19th century.