CTI Industries Corporation (CTIB) Announces Earnings Results
CTI Industries Corporation (NASDAQ:CTIB) posted its earnings results on Monday. The industrial products company reported ($0.08) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. CTI Industries Corporation had a net margin of 0.41% and a return on equity of 2.16%.
CTI Industries Corporation (NASDAQ:CTIB) traded down $0.12 during midday trading on Monday, reaching $3.75. 4,700 shares of the company’s stock traded hands, compared to its average volume of 4,406. The company has a quick ratio of 0.49, a current ratio of 1.25 and a debt-to-equity ratio of 0.15. The firm has a market cap of $13.22, a price-to-earnings ratio of 53.57 and a beta of 0.14. CTI Industries Corporation has a 52 week low of $3.75 and a 52 week high of $6.99.
CTI Industries Corporation 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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