Yunhong CTI (NASDAQ:CTIB) Now Covered by Analysts at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of Yunhong CTI (NASDAQ:CTIBGet Rating) in a research note issued to investors on Sunday. The firm set a “hold” rating on the industrial products company’s stock.

Yunhong CTI Price Performance

Yunhong CTI stock opened at $2.02 on Friday. The firm has a market capitalization of $40.34 million, a PE ratio of -9.62 and a beta of 0.95. The company’s 50-day moving average is $1.69 and its 200-day moving average is $1.57. Yunhong CTI has a fifty-two week low of $0.33 and a fifty-two week high of $2.18.

Yunhong CTI (NASDAQ:CTIBGet Rating) last posted its quarterly earnings results on Wednesday, April 26th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $5.05 million for the quarter. Yunhong CTI had a negative net margin of 6.07% and a negative return on equity of 340.08%.

Hedge Funds Weigh In On Yunhong CTI

An institutional investor recently raised its position in Yunhong CTI stock. Renaissance Technologies LLC boosted its stake in Yunhong CTI Ltd. (NASDAQ:CTIBGet Rating) by 19.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 166,566 shares of the industrial products company’s stock after purchasing an additional 27,500 shares during the quarter. Renaissance Technologies LLC owned about 0.83% of Yunhong CTI worth $265,000 as of its most recent SEC filing. 1.53% of the stock is owned by institutional investors.

Yunhong CTI Company Profile

(Get Rating)

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 balloons twisted into shapes, as well as other inflatable toy items.

Further Reading

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