Somewhat Positive News Coverage Somewhat Unlikely to Affect CTI Industries (CTIB) Share Price
Press coverage about CTI Industries (NASDAQ:CTIB) has been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. CTI Industries earned a news impact score of 0.03 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 46.2029078141986 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
CTI Industries (NASDAQ:CTIB) opened at $4.25 on Thursday. CTI Industries has a 1 year low of $3.25 and a 1 year high of $6.83. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.19 and a quick ratio of 0.44. The firm has a market cap of $14.87, a price-to-earnings ratio of 105.43 and a beta of 0.14.
CTI Industries (NASDAQ:CTIB) last posted its quarterly earnings data on Monday, November 13th. The industrial products company reported ($0.08) earnings per share for the quarter. CTI Industries had a net margin of 0.27% and a return on equity of 1.38%. The firm had revenue of $13.23 million during the quarter.
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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