Somewhat Favorable Press Coverage Somewhat Unlikely to Affect CTI Industries Corporation (CTIB) Share Price
Headlines about CTI Industries Corporation (NASDAQ:CTIB) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. CTI Industries Corporation earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 47.1332301803702 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of CTI Industries Corporation (NASDAQ:CTIB) traded down 6.95% on Friday, hitting $4.15. The stock had a trading volume of 5,605 shares. The company has a market capitalization of $14.63 million, a PE ratio of 58.45 and a beta of 0.08. CTI Industries Corporation has a 1-year low of $3.93 and a 1-year high of $6.99. The firm has a 50-day moving average of $5.24 and a 200 day moving average of $5.72.
CTI Industries Corporation (NASDAQ:CTIB) last posted its earnings results on Friday, August 11th. The industrial products company reported ($0.14) earnings per share for the quarter. The company had revenue of $12.81 million for the quarter. CTI Industries Corporation had a net margin of 0.41% and a return on equity of 2.16%. On average, equities analysts anticipate that CTI Industries Corporation will post $0.18 earnings per share for the current fiscal year.
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About CTI Industries Corporation
CTI Industries Corporation develops, produces and distributes various consumer products and sells these products throughout the United States and in over 35 other countries. The Company designs, manufactures and distributes film products. It is a developer of products, which employ flexible films, including balloons, pouches and rolls of film for vacuum sealing and storage of products in the home and films for commercial packaging applications.
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