urban-gro, Inc. (NASDAQ:UGRO – Get Free Report) fell 2.5% during mid-day trading on Thursday . The stock traded as low as $1.53 and last traded at $1.55. 33,152 shares were traded during mid-day trading, a decline of 72% from the average session volume of 117,638 shares. The stock had previously closed at $1.59.
Wall Street Analysts Forecast Growth
Separately, Craig Hallum cut their price target on shares of urban-gro from $6.00 to $3.25 and set a “buy” rating on the stock in a report on Thursday, March 28th.
Check Out Our Latest Report on urban-gro
urban-gro Price Performance
Institutional Investors Weigh In On urban-gro
A number of large investors have recently made changes to their positions in the stock. Citadel Advisors LLC purchased a new stake in shares of urban-gro during the fourth quarter valued at $39,000. AWM Investment Company Inc. lifted its position in urban-gro by 69.0% during the third quarter. AWM Investment Company Inc. now owns 1,138,861 shares of the company’s stock valued at $1,549,000 after purchasing an additional 464,781 shares during the period. Imprint Wealth LLC lifted its position in urban-gro by 228.2% during the second quarter. Imprint Wealth LLC now owns 193,300 shares of the company’s stock valued at $232,000 after purchasing an additional 134,404 shares during the period. Susquehanna International Group LLP lifted its position in urban-gro by 68.5% during the first quarter. Susquehanna International Group LLP now owns 19,256 shares of the company’s stock valued at $52,000 after purchasing an additional 7,828 shares during the period. Finally, Jane Street Group LLC acquired a new position in urban-gro during the fourth quarter valued at $52,000. 20.56% of the stock is owned by hedge funds and other institutional investors.
About urban-gro
urban-gro, Inc engages in the designing, engineering, building, and integrating complex environmental equipment systems for indoor controlled environment agriculture (CEA) cultivation and retail facilities in the United States, Canada, and Europe. The company provides architectural design, engineering, and construction services comprising pre-construction, architectural and interior design, integrated cultivation design, owner's representative/construction management, and general contracting services; and maintenance, training, and support services.
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