Continental (OTCMKTS:CTTAY – Get Free Report) announced its earnings results on Wednesday. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.15 by $0.03, Zacks reports. Continental had a negative net margin of 1.36% and a negative return on equity of 10.86%.
Continental Stock Performance
CTTAY stock traded up $0.52 during midday trading on Wednesday, hitting $7.98. The company’s stock had a trading volume of 19,794 shares, compared to its average volume of 62,291. The stock’s 50-day moving average price is $7.87 and its 200 day moving average price is $7.93. The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.94. Continental has a 1 year low of $6.61 and a 1 year high of $8.97. The stock has a market cap of $15.96 billion, a price-to-earnings ratio of -26.60, a PEG ratio of 1.04 and a beta of 1.36.
Analyst Ratings Changes
CTTAY has been the topic of several analyst reports. Sanford C. Bernstein upgraded shares of Continental from a “market perform” rating to an “outperform” rating in a report on Thursday, October 8th. Oddo Bhf upgraded shares of Continental from a “neutral” rating to an “outperform” rating in a research note on Thursday, September 3rd. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Analysis on Continental
About Continental
Continental AG is a Germany-based technology and automotive supplier whose products and services support vehicle manufacturers, commercial transportation companies and industrial customers. The company develops vehicle systems and components, tires, and products made from rubber and other technical materials.
Its automotive activities include electronic systems, safety and motion-control technologies, software, displays, sensors and other components used in passenger vehicles and commercial vehicles.
Read More
- Five stocks we like better than Continental
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
- Washington Made a $2 Billion Quantum Bet, But Can Either ETF Match It?
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.
