CTI Industries Corporation (CTIB) With $3.22 Price Forms Bearish Double Bottom Pattern

Big Money Sentiment increased to Infinity in 2018 Q3. It has change of Infinity, from 2018Q2’s 1.5. The ratio improved due to CTI Industries Corporation positioning: 0 sold and 0 reduced. 0 funds took holdings and 2 increased holdings. Investors holded 162,116 in 2018Q2 but now own 345,280 shares or 112.98% more.
Northern Corporation, Illinois-based fund reported 19,430 shs. Wells Fargo Mn has invested 0% of its capital in CTI Industries Corporation (NASDAQ:CTIB). Perritt Incorporated stated it has 94,700 shs. Susquehanna Group Ltd Liability Partnership holds 23,784 shs or 0% of its capital. Vanguard Incorporated accumulated 16,514 shs or 0% of the stock. New York-based Morgan Stanley has invested 0% in CTI Industries Corporation (NASDAQ:CTIB). Blackrock invested 0% in CTI Industries Corporation (NASDAQ:CTIB). Renaissance Technology Ltd invested 0% of its capital in CTI Industries Corporation (NASDAQ:CTIB). James Investment Research Incorporated holds 700 shs. Tower Research Capital Limited Co (Trc) invested in 0% or 1,181 shs.

CTI Industries Corporation had 1 insider sale and 1 insider buy since December 6, 2018. This’s net activity of $590,100. $600,000 worth of stock was bought by SCHWAN JOHN H on Tuesday, January 15.

The double bottom technical pattern of CTI Industries Corporation (CTIB) has $3.13 price target or 3.00 % below today’s $3.22 share price. CTI Industries Corporation (CTIB) has $11.98M MC. Finviz.com reported it on Feb, 21. At $3.13 stock price target, the company valuation changes by $359,370 less.

The stock increased 14.32% or $0.4038 during the last trading session, reaching $3.2238.CTI Industries Corporation has volume of 3,520 shares. Since February 21, 2018 CTIB has declined 41.11% and is downtrending. CTIB underperformed the S&P 500 by 41.11%.

For more CTI Industries Corporation (NASDAQ:CTIB) news published recently go to: Seekingalpha.com, Prnewswire.com, Streetinsider.com, Prnewswire.com or Seekingalpha.com. The titles are as follows: “Insider Weekends: Director Of Switch Purchases Shares – Seeking Alpha” published on January 29, 2019, “CTI Industries Corporation to Participate in the 2018 International Floriculture Expo – PR Newswire” on June 22, 2018, “Form 8-K CTI INDUSTRIES CORP For: Jan 11 – StreetInsider.com” with a publish date: January 17, 2019, “CTI Industries Corporation Announces New Plant Manager – PR Newswire” and the last “CTI Industries Corporation (CTIB) CEO Steve Merrick on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: November 13, 2018.

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