Yunhong CTI Ltd (CTIB) stock is higher by 9.29% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With CTIB Stock Today?
Yunhong CTI Ltd (CTIB) stock is trading at $1.53 as of 10:44 AM on Friday, Sep 25, an increase of $0.07, or 4.58% from the previous closing price of $1.46. The stock has traded between $1.50 and $1.65 so far today. Volume today is 154,683 compared to average volume of 197,726.
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More About Yunhong CTI Ltd
Yunhong CTI Ltd is engaged in the rubber and plastic market. It develops, produces and distributes various consumer products and sells these products throughout the United States, United Kingdom, Europe, and Mexico. It produces film products for commercial and industrial uses. Its products include flexible films including novelty balloons, pouches, and rolls of film for vacuum sealing and storage of products in the home as well as films for commercial packaging applications. The company generates the maximum amount of revenue from the United States.
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