urban-gro (NASDAQ:UGRO) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of urban-gro (NASDAQ:UGRO) to a sell rating in a research report released on Saturday.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of urban-gro in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

urban-gro Price Performance

UGRO stock opened at $14.66 on Friday. The business has a 50-day moving average price of $7.99 and a 200 day moving average price of $7.76. The company has a market capitalization of $11.00 million, a P/E ratio of -0.20 and a beta of -2.36. urban-gro has a 1-year low of $2.02 and a 1-year high of $37.00.

urban-gro (NASDAQ:UGRO) last released its quarterly earnings data on Tuesday, February 10th. The company reported ($9.14) earnings per share for the quarter. The company had revenue of $7.77 million during the quarter.

Hedge Funds Weigh In On urban-gro

A hedge fund recently raised its stake in urban-gro stock. Citadel Advisors LLC boosted its position in urban-gro, Inc. (NASDAQ:UGRO) by 162.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 72,167 shares of the company’s stock after purchasing an additional 44,667 shares during the quarter. Citadel Advisors LLC owned approximately 0.57% of urban-gro worth $30,000 at the end of the most recent reporting period. 20.56% of the stock is owned by institutional investors and hedge funds.

About urban-gro

Urban-gro, Inc is a provider of cultivation solutions for the regulated cannabis and controlled environment agriculture markets. The company specializes in engineering, procurement and construction management for both indoor and greenhouse facilities. Its core offerings include professional-grade horticultural lighting systems, fertigation and nutrient distribution equipment, HVAC and environmental control solutions, as well as site assessment and project implementation services designed to optimize plant health and yield.

Complementing its hardware solutions, Urban-gro offers the Emerald Platform, a cloud-based monitoring and management software suite.