Continental Aktiengesellschaft (OTCMKTS:CTTAY) Stock Price Down 0.6% – Time to Sell?

Shares of Continental Aktiengesellschaft (OTCMKTS:CTTAY) dropped 0.6% during mid-day trading on Thursday . The company traded as low as $6.76 and last traded at $6.77. Approximately 69,281 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 619,898 shares. The stock had previously closed at $6.81.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded Continental Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 15th.

Continental Aktiengesellschaft Stock Performance

The stock has a market cap of $13.54 billion, a price-to-earnings ratio of 12.54, a PEG ratio of 0.25 and a beta of 1.56. The firm’s 50-day moving average price is $6.60 and its two-hundred day moving average price is $6.41. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.81 and a current ratio of 1.25.

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.