urban-gro (NASDAQ:UGRO) Raised to Sell at Wall Street Zen

urban-gro (NASDAQ:UGRO) was upgraded by equities research analysts at Wall Street Zen to a “sell” rating in a report released on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of urban-gro in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, urban-gro presently has an average rating of “Sell”.

urban-gro Price Performance

UGRO stock opened at $16.54 on Friday. The stock has a market capitalization of $12.41 million, a price-to-earnings ratio of -0.22 and a beta of -2.36. The business’s fifty day moving average price is $7.76 and its two-hundred day moving average price is $7.75. urban-gro has a fifty-two week low of $2.02 and a fifty-two week high of $37.00.

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

Hedge Funds Weigh In On urban-gro

An institutional investor recently bought a new position in urban-gro stock. Virtu Financial LLC bought a new position in urban-gro, Inc. (NASDAQ:UGRO) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 97,267 shares of the company’s stock, valued at approximately $40,000. Virtu Financial LLC owned approximately 0.77% of urban-gro as of its most recent filing with the Securities and Exchange Commission (SEC). 20.56% of the stock is currently owned by institutional investors.

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.