Continental Aktiengesellschaft (OTCMKTS:CTTAY) Upgraded by UBS Group to Strong-Buy Rating

UBS Group upgraded shares of Continental Aktiengesellschaft (OTCMKTS:CTTAY) from a hold rating to a strong-buy rating in a report published on Friday,Zacks.com reports.

Continental Aktiengesellschaft Stock Performance

OTCMKTS:CTTAY opened at $6.59 on Friday. The stock’s 50 day moving average price is $6.22 and its 200 day moving average price is $6.33. Continental Aktiengesellschaft has a 52 week low of $5.56 and a 52 week high of $8.51. The company has a market capitalization of $13.18 billion, a P/E ratio of 12.20, a P/E/G ratio of 0.43 and a beta of 1.57. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.77 and a current ratio of 1.20.

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.