urban-gro (NASDAQ:UGRO) Trading Down 6.3% – Here’s Why

urban-gro, Inc. (NASDAQ:UGRO) fell 6.3% during mid-day trading on Tuesday . The company traded as low as $0.41 and last traded at $0.41. 281,573 shares were traded during trading, a decline of 25% from the average session volume of 376,664 shares. The stock had previously closed at $0.44.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of urban-gro in a research note on Saturday, September 27th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

urban-gro Stock Down 6.3%

The company has a market cap of $5.23 million, a price-to-earnings ratio of -0.37 and a beta of 1.85. The stock has a fifty day moving average price of $0.46 and a two-hundred day moving average price of $0.42.

urban-gro Company Profile

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, cultivation space programming (CSP), architectural and interior design, engineering, integrated cultivation design, owner's representative/construction management, and general contracting services; and maintenance, training, and support services.