CitroTech Inc. (NYSEAMERICAN:CITR – Get Free Report)’s share price was down 0.5% during trading on Tuesday . The stock traded as low as $5.75 and last traded at $5.90. 21,692 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 51,816 shares. The stock had previously closed at $5.93.
Analyst Upgrades and Downgrades
CITR has been the subject of a number of research reports. Zacks Research raised shares of CitroTech to a “hold” rating in a report on Friday, June 12th. Northland Securities began coverage on CitroTech in a report on Thursday, June 11th. They set an “outperform” rating and a $16.00 price target on the stock. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, CitroTech presently has a consensus rating of “Moderate Buy” and an average target price of $16.00.
View Our Latest Stock Analysis on CITR
CitroTech Trading Down 8.7%
CitroTech (NYSEAMERICAN:CITR – Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.33) earnings per share for the quarter. CitroTech had a negative net margin of 1,829.60% and a negative return on equity of 315.55%. The business had revenue of $0.34 million during the quarter. On average, research analysts expect that CitroTech Inc. will post -0.97 EPS for the current year.
Institutional Investors Weigh In On CitroTech
A number of institutional investors and hedge funds have recently bought and sold shares of CITR. Coastal Bridge Advisors LLC purchased a new position in shares of CitroTech in the 4th quarter worth $108,000. FNY Investment Advisers LLC grew its position in CitroTech by 200.1% during the second quarter. FNY Investment Advisers LLC now owns 27,715 shares of the company’s stock valued at $152,000 after acquiring an additional 18,481 shares during the period. T3 Companies LLC acquired a new stake in CitroTech during the fourth quarter worth about $274,000. Finally, Fifth Third Bancorp acquired a new stake in CitroTech during the first quarter worth about $1,046,000.
About CitroTech
General Enterprise Ventures, Inc, an integrated technology company, provides crypto-currency mining services in Wyoming. It focuses on the home essentials technology sector. The company was formerly known as General Entertainment Ventures, Inc and changed its name to General Enterprise Ventures, Inc in October 2021. General Enterprise Ventures, Inc was incorporated in 1990 and is based in Cheyenne, Wyoming.
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