CTI Industries Corp.(NASDAQ:CTIB) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-Market on Mar 28, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Earnings per share were $0.24.
CTI Industries Corp. (CTIB) remained unchanged at the close of Friday session. Even as the volume increased to 502 ,the shares failed to make any impression and ended at 0.0001 points or 0.00% at $5.95. The trading session commenced at $5.95 and the stock hit a high of $5.95 and touched $5.95 at the lower end. Considering that the stock pared all of the losses, it can be said as a positive sign. The share price has a 52-week high of $7.5999 and the 52-week low is $4.9536. The company has a market cap of $21 M and has approximately 35,24,354 outstanding shares.
Several Insider Transactions has been reported to the SEC. On Aug 2, 2016, John H Schwan (CEO) purchased 33,333 shares at $6.00 per share price.Also, On Aug 2, 2016, Stephen M Merrick (director officer 10% owner (President, Secretary,) purchased 33,333 shares at $6.00 per share price.On Jun 24, 2015, Stanley M Brown (director) sold 4,264 shares at $3.96 per share price, according to the Form-4 filing with the securities and exchange commission.
CTI Industries Corporation is a developer manufacturer and supplier of flexible film products. The Company provides design engineering and production for flexible film products. The Company had developed designed and produced a number of products utilizing flexible films including novelty foil balloons pouches for food and home storage specialty films for packaging and film products for medical applications. The produces markets and sells four lines of products such as novelty products flexible containers flexible films and specialty film products. Its novelty products are balloons including foil balloons latex balloons punch balls and other inflatable toy items. Its flexible containers are for home and consumer use for the storage and preservation of food and personal items.