Hydrofarm Holdings Group (NASDAQ:HYFM) Trading Down 6.1% – Here’s Why

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM)’s stock price fell 6.1% on Wednesday . The stock traded as low as $1.07 and last traded at $1.08. 31,782 shares changed hands during trading, a decline of 27% from the average session volume of 43,501 shares. The stock had previously closed at $1.15.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Hydrofarm Holdings Group in a research report on Monday, December 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Hydrofarm Holdings Group Trading Down 6.1%

The business’s 50-day simple moving average is $1.43 and its 200-day simple moving average is $2.11. The company has a market cap of $5.04 million, a PE ratio of -0.08 and a beta of 2.45. The company has a current ratio of 2.08, a quick ratio of 0.81 and a debt-to-equity ratio of 0.67.

Institutional Trading of Hydrofarm Holdings Group

A number of institutional investors have recently bought and sold shares of the company. Jane Street Group LLC purchased a new position in Hydrofarm Holdings Group in the fourth quarter valued at about $34,000. DRW Securities LLC increased its position in Hydrofarm Holdings Group by 261.4% in the 4th quarter. DRW Securities LLC now owns 38,840 shares of the company’s stock worth $59,000 after purchasing an additional 28,093 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new stake in shares of Hydrofarm Holdings Group during the 3rd quarter worth about $59,000. Institutional investors and hedge funds own 26.61% of the company’s stock.

Hydrofarm Holdings Group Company Profile

Hydrofarm Holdings Group, Inc provides a comprehensive portfolio of products and services for controlled environment agriculture (CEA) and indoor gardening. The company’s offerings include horticultural lighting systems, environmental controls, nutrient and irrigation solutions, growing media, and greenhouse and nursery equipment. These products are designed to support commercial growers, research institutions, and home gardening enthusiasts by optimizing plant growth and resource efficiency in indoor and greenhouse environments.

Founded in 1977 and headquartered in Fairless Hills, Pennsylvania, Hydrofarm has grown through a combination of product innovation and strategic acquisitions.