Yunhong CTI - CTIB Stock Forecast, Price & News

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.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Yunhong CTI in a research note on Tuesday, August 9th. They set a "hold" rating for the company.

Yunhong CTI Stock Up 1.1 %

Shares of CTIB traded up $0.01 during trading hours on Monday, hitting $0.94. 407 shares of the stock were exchanged, compared to its average volume of 67,804. Yunhong CTI has a 12-month low of $0.65 and a 12-month high of $3.41. The stock's 50-day moving average price is $0.76 and its two-hundred day moving average price is $0.88.

Yunhong CTI (NASDAQ:CTIB - Get Rating) last issued its quarterly earnings results on Monday, May 16th. The industrial products company reported ($0.04) EPS for the quarter. The company had revenue of $5.80 million during the quarter.