CEA Industries (NASDAQ:BNC – Get Free Report) issued its quarterly earnings data on Tuesday. The company reported ($1.31) EPS for the quarter, FiscalAI reports. The company had revenue of $7.35 million for the quarter. CEA Industries had a return on equity of 135.54% and a net margin of 749.66%.
CEA Industries Trading Up 8.1%
Shares of CEA Industries stock traded up $0.17 during trading on Tuesday, hitting $2.27. 402,778 shares of the stock were exchanged, compared to its average volume of 323,586. CEA Industries has a 12 month low of $1.84 and a 12 month high of $82.88. The company has a fifty day moving average of $2.70. The stock has a market cap of $97.37 million, a PE ratio of 0.53 and a beta of 0.57.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of BNC. Balyasny Asset Management L.P. bought a new stake in shares of CEA Industries during the fourth quarter valued at approximately $81,000. Citizens Financial Group Inc. RI bought a new stake in CEA Industries during the 4th quarter valued at $91,000. Weiss Asset Management LP acquired a new position in CEA Industries during the 1st quarter worth $43,000. Price T Rowe Associates Inc. MD bought a new position in shares of CEA Industries in the fourth quarter worth $103,000. Finally, Schonfeld Strategic Advisors LLC acquired a new position in shares of CEA Industries during the fourth quarter valued at $108,000.
About CEA Industries
CEA Industries Inc provides technology, engineering, and other services to the controlled environment agriculture (CEA) industry worldwide. It offers floor plans and architectural design for cultivation facilities; licensed mechanical, electrical, and plumbing engineering services for commercial scale environmental control systems that are specific to cultivation facilities; and process cooling systems and other climate control systems. The company also provides air handling equipment and systems; LED lighting; benching and racking solutions for indoor cultivation; automation and control devices, systems, and technologies for environmental, lighting, and climate control applications; and preventive maintenance services for CEA facilities.
Recommended Stories
- Five stocks we like better than CEA Industries
- Oracle’s Sell-Off Looks More Like a Mispricing Than a Warning
- Apple’s Intel Deal Arrives at the Right Time for Its Stock
- Liquid Gold: The AI Cooling Retrofit Trade
- 3 Dividend Stocks Under $30 to Anchor Your Portfolio
Receive News & Ratings for CEA Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CEA Industries and related companies with MarketBeat.com's FREE daily email newsletter.
