CTS Corp. (CTS) is Trading Lower on Unusual Volume for January 18

Equities Staff |

CTS Corp. (CTS) experienced unusually high volume on Jan. 18, as the stock lost 4.24% to a closing price of $14.90. The stock saw 156,218 shares trade hands over the course of the day on 1,254 trades. Given that the stock’s average daily volume over the last month has been 98,652 shares a day, this represents a pretty substantial spike over the norm.

CTS Corp. has a P/B ratio of 1.65. It also has a P/E ratio of 18.2. The stock has traded between $20.25 and $14.54 over the last 52-weeks, its 50-day SMA is now $17.97, and its 200-day SMA $18.46.

CTS Corp is a designer and manufacturer of electronic components and sensors to OEMs in the automotive, communications, medical, defense and aerospace, industrial and computer markets. The Company manufactures products in North America, Europe and Asia.

Headquartered in Elkhart, IN, CTS Corp. has 2,948 employees and is currently under the leadership of CEO Kieran O'Sullivan.

For a complete fundamental analysis analysis of CTS Corp., check out Equities.com’s Stock Valuation Analysis report for CTS. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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