urban-gro, Inc. (NASDAQ:UGRO) Shares Sold by AWM Investment Company Inc.

AWM Investment Company Inc. reduced its stake in urban-gro, Inc. (NASDAQ:UGRO) by 24.3% during the 4th quarter, Holdings Channel reports. The fund owned 1,092,762 shares of the company’s stock after selling 351,275 shares during the quarter. AWM Investment Company Inc. owned approximately 0.09% of urban-gro worth $1,032,000 as of its most recent SEC filing.

Separately, Evernest Financial Advisors LLC purchased a new stake in shares of urban-gro during the fourth quarter worth approximately $57,000. Institutional investors own 20.56% of the company’s stock.

urban-gro Trading Up 0.7%

Shares of UGRO opened at $0.40 on Wednesday. The firm has a market capitalization of $5.07 million, a price-to-earnings ratio of -0.36 and a beta of 2.04. The firm’s fifty day simple moving average is $0.49 and its 200-day simple moving average is $0.87. urban-gro, Inc. has a twelve month low of $0.37 and a twelve month high of $1.92.

urban-gro (NASDAQ:UGRO) last announced its quarterly earnings results on Tuesday, February 18th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.15). The business had revenue of $9.89 million during the quarter, compared to the consensus estimate of $17.49 million.

Wall Street Analyst Weigh In

Separately, Craig Hallum upgraded shares of urban-gro to a “strong-buy” rating in a research note on Wednesday, February 19th.

urban-gro Profile

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.