November 22, 2016 - By Linda Rogers · 0 Comments
Cti Industries Corp (NASDAQ:CTIB) institutional sentiment increased to 2.5 in 2016 Q2. Its up 1.83, from 0.67 in 2016Q1. The ratio is better, as 4 investment managers increased or opened new equity positions, while 6 reduced and sold their stock positions in Cti Industries Corp. The investment managers in our partner’s database now have: 153,317 shares, down from 203,881 shares in 2016Q1. Also, the number of investment managers holding Cti Industries Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 3 Increased: 1 New Position: 3.
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 has a market cap of $21.68 million. The Firm designs, makes and distributes film products. It has a 32.85 P/E ratio. 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.
It is down 4.20% since April 20, 2016 and is downtrending. It has underperformed by 8.75% the S&P500.
According to Zacks Investment Research, “CTI Industries Corp. is one of the leading manufacturers and sellers of mylar balloons in the world. The company also sells latex balloons, novelty and message items, such as mugs and banners, and toy products, such as inflatable masks, punch balls and water bombs, and produces laminated and specialty films for food packaging and other commercial uses. The company’s products are sold throughout the United States and in foreign countries through a wide variety of retail outlets including grocery, general merchandise and drugstore chains.”
Perritt Capital Management Inc holds 0.2% of its portfolio in CTI Industries Corp. for 113,575 shares. Acadian Asset Management Llc owns 550 shares or 0% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 5 shares. The California-based Blackrock Fund Advisors has invested 0% in the stock. Creative Planning, a Kansas-based fund reported 900 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 2 buys, and 0 sales for $399,996 net activity.
CTI Industries Corporation, incorporated on August 15, 2001, develops, produces and distributes various consumer products and sells these products throughout the United States and in over 35 other countries. The Firm designs, makes and distributes film products. The Firm produces film products for commercial and industrial uses in the United States. The Firm 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. The Company’s principal lines of products include Novelty Products, consisting of foil and latex balloons and other inflatable toy items, and also Candy Blossoms (small containers of arranged candy items, including a small inflated balloon); Vacuum Sealing Containers and Sealing Devices, which are for home and consumer use to vacuum seal, store and preserve food and personal items, and Flexible Films, for food and other commercial and packaging applications.
More notable recent CTI Industries Corp. (NASDAQ:CTIB) news were published by: Reuters.com which released: “BRIEF-CTI Industries Corporation reports third quarter results” on November 14, 2016, also Seekingalpha.com with their article: “CTI Industries’ (CTIB) CEO John Schwan on Q1 2016 Results – Earnings Call …” published on May 11, 2016, Marketwired.com published: “CTI Industries Corporation to Present at the 2016 Dougherty & Company …” on September 23, 2016. More interesting news about CTI Industries Corp. (NASDAQ:CTIB) were released by: Marketwired.com and their article: “CTI Industries Corporation Reports Results of Operations for the Second …” published on August 22, 2016 as well as Marketwired.com‘s news article titled: “CTI Industries Corporation to Host Conference Call and Live Webcast to Discuss …” with publication date: August 18, 2016.
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By Linda Rogers