Fifth Third Bancorp Makes New Investment in CitroTech Inc. $CITR

Fifth Third Bancorp acquired a new stake in CitroTech Inc. (NYSEAMERICAN:CITR) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 121,170 shares of the company’s stock, valued at approximately $1,046,000. Fifth Third Bancorp owned about 0.63% of CitroTech at the end of the most recent reporting period.

Separately, T3 Companies LLC acquired a new stake in shares of CitroTech during the 4th quarter worth about $274,000.

Wall Street Analysts Forecast Growth

Several analysts recently commented on CITR shares. Zacks Research raised shares of CitroTech to a “hold” rating in a report on Friday, June 12th. Northland Securities began coverage on shares of CitroTech in a research report on Thursday, June 11th. They set an “outperform” rating and a $16.00 price objective for the company. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, CitroTech presently has an average rating of “Moderate Buy” and an average target price of $16.00.

CitroTech Stock Performance

CITR opened at $5.09 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.97 and a quick ratio of 1.73. The business has a fifty day simple moving average of $6.00 and a 200 day simple moving average of $7.16. CitroTech Inc. has a 1 year low of $4.35 and a 1 year high of $13.20. The company has a market capitalization of $113.81 million, a PE ratio of -1.49 and a beta of 7.41.

CitroTech (NYSEAMERICAN:CITR) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($0.33) earnings per share for the quarter. CitroTech had a negative return on equity of 315.55% and a negative net margin of 1,829.60%.The firm had revenue of $0.34 million for the quarter. Research analysts expect that CitroTech Inc. will post -0.97 EPS for the current year.

CitroTech Profile

CitroTech Inc manufactures and sells fire inhibitor products in the United States and Canada. The company also offers lumber treatment and spraying solutions, as well as develops wildfire defense systems on residential and commercial properties under the CitroSafe Systems brand name. It serves wildland fire, residential home protection, wood products, ground application, lumber and building materials, and construction industries; homeowners; governments; and agencies. The company was formerly known as General Enterprise Ventures, Inc and changed its name to CitroTech Inc in January 2026.