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

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

Yunhong CTI Price Performance

Yunhong CTI stock opened at $1.95 on Wednesday. The stock has a fifty day moving average price of $1.89 and a two-hundred day moving average price of $1.69. Yunhong CTI has a 52-week low of $0.33 and a 52-week high of $2.18. The firm has a market capitalization of $38.94 million, a P/E ratio of -9.29 and a beta of 0.96.

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

Institutional Trading of Yunhong CTI

An institutional investor recently raised its position in Yunhong CTI stock. Renaissance Technologies LLC lifted its holdings in shares of Yunhong CTI Ltd. (NASDAQ:CTIBFree Report) by 19.8% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 166,566 shares of the industrial products company’s stock after purchasing an additional 27,500 shares during the period. Renaissance Technologies LLC owned 0.83% of Yunhong CTI worth $265,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 1.53% of the company’s stock.

Yunhong CTI Company Profile

(Get Free Report)

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.

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