urban-gro (NASDAQ:UGRO) Announces Quarterly Earnings Results

urban-gro (NASDAQ:UGRO) posted its quarterly earnings results on Tuesday. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.15), Zacks reports. The business had revenue of $9.89 million for the quarter, compared to analysts’ expectations of $17.49 million.

urban-gro Stock Performance

UGRO stock traded down $0.03 on Thursday, reaching $0.75. The company’s stock had a trading volume of 16,499 shares, compared to its average volume of 101,436. urban-gro has a 12-month low of $0.60 and a 12-month high of $2.84. The business has a fifty day simple moving average of $0.92 and a two-hundred day simple moving average of $1.26. The firm has a market cap of $9.18 million, a PE ratio of -0.56 and a beta of 1.87.

About urban-gro

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.