urban-gro (NASDAQ:UGRO) Raised to “Hold” at Wall Street Zen

urban-gro (NASDAQ:UGRO) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Sunday.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of urban-gro in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

urban-gro Trading Down 1.7%

Shares of NASDAQ UGRO opened at $11.32 on Friday. urban-gro has a 12-month low of $2.02 and a 12-month high of $37.00. The stock has a market capitalization of $8.49 million, a PE ratio of -0.15 and a beta of -2.36. The stock’s fifty day simple moving average is $8.65 and its two-hundred day simple moving average is $7.81.

urban-gro (NASDAQ:UGRO) last released its quarterly earnings data on Tuesday, February 17th. The company reported ($9.14) EPS for the quarter. The company had revenue of $2.38 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in urban-gro stock. Virtu Financial LLC purchased a new position in shares of urban-gro, Inc. (NASDAQ:UGRO) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 97,267 shares of the company’s stock, valued at approximately $40,000. Virtu Financial LLC owned approximately 0.77% of urban-gro as of its most recent SEC filing. 20.56% of the stock is owned by institutional investors.

urban-gro Company Profile

Urban-gro, Inc is a provider of cultivation solutions for the regulated cannabis and controlled environment agriculture markets. The company specializes in engineering, procurement and construction management for both indoor and greenhouse facilities. Its core offerings include professional-grade horticultural lighting systems, fertigation and nutrient distribution equipment, HVAC and environmental control solutions, as well as site assessment and project implementation services designed to optimize plant health and yield.

Complementing its hardware solutions, Urban-gro offers the Emerald Platform, a cloud-based monitoring and management software suite.