CTI Industries Corp. (CTIB) Releases Earnings Results
CTI Industries Corp. (NASDAQ:CTIB) posted its earnings results on Monday. The company reported ($0.05) earnings per share for the quarter. The company had revenue of $13.48 million for the quarter, compared to analysts’ expectations of $14.88 million. CTI Industries Corp. had a net margin of 1.06% and a return on equity of 5.26%.
CTI Industries Corp. (NASDAQ:CTIB) opened at 6.0582 on Tuesday. CTI Industries Corp. has a 1-year low of $4.11 and a 1-year high of $7.60. The stock has a market capitalization of $20.42 million, a PE ratio of 34.2271 and a beta of 0.12. The company’s 50-day moving average is $6.26 and its 200 day moving average is $6.60.
CTI Industries Corp. Company Profile
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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