In yesterday’s Wall Street session, Yunhong CTI Ltd. (NASDAQ:CTIB) shares traded at $2.00, up 12.82% from the previous session.
1 analysts cover Yunhong CTI Ltd. (NASDAQ:CTIB), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $7.00 and a low of $7.00, we find $7.00. Given the previous closing price of $1.77, this indicates a potential upside of 295.48 percent. CTIB stock price is now 100.71% away from the 50-day moving average and 136.03% away from the 200-day moving average. The market capitalization of the company currently stands at $29.32M.
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The stock has received a hold rating from 0 analysts and a buy rating from 1. Brokers who have rated the stock have averaged $7.00 as their price target over the next twelve months.
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A total of 0.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in CTIB stock. A new stake in Yunhong CTI Ltd. shares was purchased by TWO SIGMA SECURITIES, LLC during the first quarter worth $41,000. In total, there are 7 active investors with 1.70% ownership of the company’s stock.
On Monday morning Yunhong CTI Ltd. (NASDAQ: CTIB) stock kicked off with the opening price of $1.8700. During the past 12 months, Yunhong CTI Ltd. has had a low of $0.33 and a high of $1.80. As of last week, the company has a debt-to-equity ratio of 5.90, a current ratio of 1.40, and a quick ratio of 0.30. The fifty day moving average price for CTIB is $1.0204 and a two-hundred day moving average price translates $0.8521 for the stock.
The latest earnings results from Yunhong CTI Ltd. (NASDAQ: CTIB) was released for Jun, 2022. The net profit margin was -76.20% and return on equity was 428.30% for CTIB. The company reported revenue of $2.26 million for the quarter, compared to $5.18 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -56.35 percent.
Yunhong CTI Ltd.(CTIB) Company Profile
Yunhong CTI Ltd. develops, produces, distributes, and sells consumer products in the United States and internationally. It offers novelty products, including foil balloons; latex balloons under the Partyloons name; and toy balloon products, which include punch balls, water bombs, and Animal Twisties, as well as other inflatable toy items. The company also offers packaging films and custom film products for food, and other commercial and packaging applications; and container products, as well as assembles and sells Candy Blossom product line. It primarily serves various retail outlets, including general merchandise stores, discount and drugstore chains, grocery chains, card and gift shops, and party goods stores, as well as florists and balloon decorators. The company sells its products directly, as well as through a network of distributors and wholesalers, retail chains, and independent sales representatives. The company was formerly known as CTI Industries Corporation and changed its name to Yunhong CTI Ltd. in January 2020. Yunhong CTI Ltd. was founded in 1975 and is headquartered in Lake Barrington, Illinois.
