Equity Research firms currently have a positive stance on shares of CTI Industries Corp. (NASDAQ:CTIB). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $7.00 on a short term basis.
At the time of writing, the stock was trading at $6.43. This represents a change from the opening price of 0.00%. In terms of performance, year to date, the stock is 25.81%. The monthly stock performance comes in at 0.07%. For the quarter, shares are performing at -2.25%. Weekly performance analysis shows the equity at 2.33%.
In taking a look at technical levels, shares are trading -2.47% away from the 50 day simple moving average and 6.93% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -15.39% away from it’s 52- week high and 80.62% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, CTI Industries Corp.’s RSI stands at 49.42. In looking at volatility levels, the shares saw weekly volatility of 0.53% and 1.45% over the past month.