Hydrofarm Holdings Group (HYFM) Expected to Announce Quarterly Earnings on Wednesday

Hydrofarm Holdings Group (NASDAQ:HYFM) is projected to post its quarterly earnings results before the market opens on Wednesday, March 5th. Analysts expect Hydrofarm Holdings Group to post earnings of ($2.80) per share and revenue of $41.10 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Hydrofarm Holdings Group Stock Down 2.9 %

Shares of HYFM opened at $4.95 on Monday. The stock has a 50 day moving average price of $6.07 and a 200 day moving average price of $6.29. Hydrofarm Holdings Group has a one year low of $4.30 and a one year high of $12.00. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.41 and a current ratio of 3.24. The stock has a market capitalization of $22.84 million, a price-to-earnings ratio of -0.35 and a beta of 1.99.

About Hydrofarm Holdings Group

Hydrofarm Holdings Group, Inc, together with its subsidiaries, manufactures and distributes controlled environment agriculture (CEA) equipment and supplies in the United States and Canada. The company provides agricultural lighting devices, indoor climate control equipment, and nutrients, as well as plant additives used to grow, farm, and cultivate cannabis, flowers, fruits, plants, vegetables, grains, and herbs in controlled environment.