CEA Industries Inc. (NASDAQ:CEAD – Get Free Report)’s stock price traded up 11.8% during mid-day trading on Thursday. The stock traded as high as $5.75 and last traded at $5.70. 969,134 shares were traded during mid-day trading, an increase of 13,442% from the average session volume of 7,156 shares. The stock had previously closed at $5.10.
CEA Industries Price Performance
The stock has a market capitalization of $4.28 million, a P/E ratio of -1.22 and a beta of 0.54. The stock’s 50-day simple moving average is $4.59 and its 200 day simple moving average is $3.37.
Institutional Trading of CEA Industries
An institutional investor recently bought a new stake in CEA Industries stock. BlackRock Inc. bought a new position in shares of CEA Industries Inc. (NASDAQ:CEAD – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 781,951 shares of the company’s stock, valued at approximately $2,127,000. BlackRock Inc. owned approximately 97.50% of CEA Industries as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 21.64% of the company’s stock.
About CEA Industries
CEA Industries, Inc (NASDAQ: CEAD) is a controlled-environment agriculture company focused primarily on serving the regulated cannabis industry. Through its operating businesses, the company provides equipment and related solutions used to design, build, and operate indoor cultivation facilities.
Its offerings include environmental control systems, heating, ventilation and air-conditioning equipment, dehumidification systems, lighting, controls, and other infrastructure designed to help commercial growers manage temperature, humidity, airflow, and energy use.
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