Yunhong CTI Ltd: 11 Things for CTIB Stock Investors to Know About the Balloon Company

Yunhong CTI Ltd (NASDAQ:CTIB) is seeing shares of CTIB stock take off on Tuesday despite there being no new news concerning the company.

Image of brightly colored balloons together.

Source: lazyllama / Shutterstock.com

Even without new news, Yunhong CTI Ltd stock is undergoing heavy trading today. As of this writing, roughly 44 million shares change hands. That’s a massive spike compared to its daily average volume of just about 353,000 shares.

With the recent jump in trading, investors may have questions about CTIB stock. Luckily, there’s a quick breakdown of the company below.

  • The company handles the creation of balloons and other latex products.
  • That includes foil balloons, latex balloons, vacuum storage systems, and commercial films.
  • It’s based out of Barrington, Ill., and has been operating for more than 37 years after being founded in 1975.
  • It also has facilities in Guadalajara, Mexico, Rugby, England and Frankfurt, Germany.
  • Yunhong CTI Ltd’s balloon offerings are sold in the U.S. and more than 30 countries.
  • It’s vacuum products are sold mostly in the U.S., Canada, and Mexico.
  • The company’s current market capitalization is sitting at $11.11 million.
  • Yunhong CTI Ltd joined the public market in 1997 when it filed an initial public offering (IPO).
  • The company is lead by its president and CEO Jeffrey Hyland.
  • He joined the company in 2017.
  • Prior to that, he spent roughly 28 years working with consulting firms and helping companies improve profit.

CTIB stock was up 25.4% as of noon Tuesday and is up 165% since the start of the year.

On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article.


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