CTI Industries (NASDAQ:CTIB) Stock Price Crosses Below 200 Day Moving Average of $2.66

CTI Industries Corp. (NASDAQ:CTIB)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $2.66 and traded as low as $1.30. CTI Industries shares last traded at $1.43, with a volume of 1,400 shares trading hands.

The firm has a 50 day moving average price of $1.95 and a 200-day moving average price of $2.66. The company has a quick ratio of 0.37, a current ratio of 1.07 and a debt-to-equity ratio of 0.74.

CTI Industries Company Profile (NASDAQ:CTIB)

CTI Industries Corporation develops, produces, and distributes consumer and film products for commercial and industrial uses in the United States, the United Kingdom, Europe, and Mexico. The company offers novelty products, including foil balloons; latex balloons under the Partyloons name; balloon products, which include punch balls, water bombs, and Animal Twisties; and other inflatable toy items.

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