CTI Industries (NASDAQ:CTIB) Stock Crosses Above Two Hundred Day Moving Average of $0.00
CTI Industries Corp. (NASDAQ:CTIB) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $3.10. CTI Industries shares last traded at $3.10, with a volume of 401 shares trading hands.
The company has a quick ratio of 0.40, a current ratio of 1.05 and a debt-to-equity ratio of 0.47. The firm’s 50-day moving average is $3.10.
CTI Industries (NASDAQ:CTIB) last released its quarterly earnings results on Monday, May 20th. The industrial products company reported ($0.24) earnings per share for the quarter. CTI Industries had a negative return on equity of 49.98% and a negative net margin of 7.39%. The firm had revenue of $12.54 million for the quarter.
CTI Industries Corporation develops, produces, and distributes consumer and film products for commercial and industrial uses in the United States, the United Kingdom, Europe, and Mexico. The company offers novelty products, including foil balloons; latex balloons under the Partyloons name; balloon products, which include punch balls, water bombs, and Animal Twisties; and other inflatable toy items.
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