CitroTech (NYSEAMERICAN:CITR) CTO Sells $825,003.00 in Stock

CitroTech Inc. (NYSEAMERICAN:CITRGet Free Report) CTO Stephen Conboy sold 275,001 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $3.00, for a total transaction of $825,003.00. Following the completion of the sale, the chief technology officer owned 2,060,557 shares of the company’s stock, valued at approximately $6,181,671. The trade was a 11.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

CitroTech Stock Down 1.0%

CITR stock opened at $5.90 on Friday. CitroTech Inc. has a twelve month low of $4.35 and a twelve month high of $12.00. The company has a quick ratio of 1.73, a current ratio of 1.97 and a debt-to-equity ratio of 0.01. The company has a market cap of $131.92 million, a PE ratio of -1.73 and a beta of 7.50. The business’s 50-day simple moving average is $5.79 and its 200 day simple moving average is $7.03.

CitroTech (NYSEAMERICAN:CITRGet Free Report) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.33) EPS for the quarter. CitroTech had a negative net margin of 1,829.60% and a negative return on equity of 315.55%. The firm had revenue of $0.34 million during the quarter. On average, research analysts anticipate that CitroTech Inc. will post -0.97 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CITR. Zacks Research upgraded CitroTech to a “hold” rating in a research note on Friday, June 12th. Northland Securities initiated coverage on shares of CitroTech in a research note on Thursday, June 11th. They set an “outperform” rating and a $16.00 price target on the stock. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $16.00.

Get Our Latest Stock Analysis on CitroTech

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CITR. Coastal Bridge Advisors LLC bought a new stake in shares of CitroTech in the 4th quarter valued at approximately $108,000. FNY Investment Advisers LLC lifted its position in shares of CitroTech by 200.1% during the 2nd quarter. FNY Investment Advisers LLC now owns 27,715 shares of the company’s stock worth $152,000 after buying an additional 18,481 shares during the period. T3 Companies LLC bought a new position in shares of CitroTech during the 4th quarter worth approximately $274,000. Finally, Fifth Third Bancorp acquired a new stake in CitroTech in the 1st quarter valued at $1,046,000.

About CitroTech

(Get Free Report)

CitroTech Inc manufactures and sells fire inhibitor products in the United States and Canada. The company also offers lumber treatment and spraying solutions, as well as develops wildfire defense systems on residential and commercial properties under the CitroSafe Systems brand name. It serves wildland fire, residential home protection, wood products, ground application, lumber and building materials, and construction industries; homeowners; governments; and agencies. The company was formerly known as General Enterprise Ventures, Inc and changed its name to CitroTech Inc in January 2026.

Recommended Stories

Receive News & Ratings for CitroTech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CitroTech and related companies with MarketBeat.com's FREE daily email newsletter.