urban-gro (NASDAQ:UGRO) Stock Price Down 3.6% – Should You Sell?

urban-gro, Inc. (NASDAQ:UGROGet Free Report)’s share price dropped 3.6% during mid-day trading on Wednesday . The company traded as low as $0.86 and last traded at $0.94. Approximately 85,019 shares changed hands during mid-day trading, an increase of 19% from the average daily volume of 71,413 shares. The stock had previously closed at $0.98.

urban-gro Trading Down 3.6 %

The stock’s 50-day moving average price is $1.25 and its 200-day moving average price is $1.38. The company has a market capitalization of $11.58 million, a P/E ratio of -0.69 and a beta of 1.90.

Institutional Trading of urban-gro

Hedge funds have recently made changes to their positions in the stock. Renaissance Technologies LLC boosted its stake in urban-gro by 26.9% during the 2nd quarter. Renaissance Technologies LLC now owns 50,000 shares of the company’s stock valued at $66,000 after purchasing an additional 10,600 shares during the period. Garden State Investment Advisory Services LLC acquired a new position in shares of urban-gro during the 3rd quarter valued at $166,000. Finally, Private Advisor Group LLC grew its holdings in urban-gro by 3.3% during the third quarter. Private Advisor Group LLC now owns 215,746 shares of the company’s stock worth $298,000 after acquiring an additional 6,841 shares during the period. Institutional investors own 20.56% of the company’s stock.

urban-gro Company Profile

(Get Free Report)

urban-gro, Inc engages in the designing, engineering, building, and integrating complex environmental equipment systems for indoor controlled environment agriculture (CEA) cultivation and retail facilities in the United States, Canada, and Europe. The company provides architectural design, engineering, and construction services comprising pre-construction, cultivation space programming (CSP), architectural and interior design, engineering, integrated cultivation design, owner's representative/construction management, and general contracting services; and maintenance, training, and support services.

Read More

Receive News & Ratings for urban-gro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for urban-gro and related companies with MarketBeat.com's FREE daily email newsletter.