Continental Aktiengesellschaft (OTCMKTS:CTTAY) Releases Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Continental Aktiengesellschaft (OTCMKTS:CTTAY) posted its earnings results on Tuesday. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.06, Zacks reports. Continental Aktiengesellschaft had a net margin of 2.51% and a return on equity of 7.09%.

Continental Aktiengesellschaft Price Performance

CTTAY stock opened at $7.14 on Tuesday. The business has a 50 day simple moving average of $6.90 and a 200-day simple moving average of $6.59. The company has a market capitalization of $14.28 billion, a P/E ratio of 13.22, a PEG ratio of 0.35 and a beta of 1.56. Continental Aktiengesellschaft has a twelve month low of $5.56 and a twelve month high of $7.96. The company has a current ratio of 1.25, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32.

Analysts Set New Price Targets

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

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.