Continental Aktiengesellschaft (OTCMKTS:CTTAF) Stock Price Up 2.5% – Time to Buy?

Continental Aktiengesellschaft (OTCMKTS:CTTAF – Get Free Report) shot up 2.5% during mid-day trading on Wednesday. The stock traded as high as $77.8550 and last traded at $77.8550. 1 shares changed hands during trading, a decline of 100% from the average session volume of 1,370 shares. The stock had previously closed at $75.9360.

Continental Aktiengesellschaft Stock Performance

The stock has a 50 day moving average price of $79.99 and a 200-day moving average price of $80.18.

Continental Aktiengesellschaft Company Profile

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Continental Aktiengesellschaft is a Germany-based technology and automotive supplier headquartered in Hanover. Founded in 1871 as a manufacturer of rubber products, the company developed into a global provider of mobility technologies, tires and industrial products.

Its automotive activities include electronic systems and components, vehicle software, safety technologies, driver assistance systems, sensors, instrument clusters and other solutions used by vehicle manufacturers. Through its Tires business, Continental develops and produces tires for passenger cars, commercial vehicles, motorcycles and specialty applications, along with related services and tire-management solutions.

The company’s ContiTech business supplies rubber, plastic and other material-based products for industries including automotive, transportation, manufacturing, mining and energy.

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