StockNews.com began coverage on shares of Yunhong CTI (NASDAQ:CTIB – Get Rating) in a research note issued to investors on Sunday. The firm set a “hold” rating on the industrial products company’s stock.
CTIB stock opened at $0.84 on Friday. The business has a 50-day simple moving average of $0.97 and a two-hundred day simple moving average of $1.12. Yunhong CTI has a 52-week low of $0.71 and a 52-week high of $3.41.
An institutional investor recently raised its position in Yunhong CTI stock. Citadel Advisors LLC boosted its stake in Yunhong CTI Ltd. (NASDAQ:CTIB – Get Rating) by 164.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 26,471 shares of the industrial products company’s stock after buying an additional 16,454 shares during the quarter. Citadel Advisors LLC owned approximately 0.45% of Yunhong CTI worth $52,000 as of its most recent SEC filing. Institutional investors own 4.98% of the company’s stock.
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.
- Get a free copy of the StockNews.com research report on Yunhong CTI (CTIB)
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