urban-gro (NASDAQ:UGRO) Trading Up 0.7% – What’s Next?

Shares of urban-gro, Inc. (NASDAQ:UGRO) traded up 0.7% during mid-day trading on Wednesday . The stock traded as high as $1.61 and last traded at $1.49. 23,227 shares changed hands during mid-day trading, a decline of 63% from the average session volume of 62,135 shares. The stock had previously closed at $1.48.

urban-gro Price Performance

The company has a market cap of $18.36 million, a P/E ratio of -1.09 and a beta of 1.93. The stock has a 50-day moving average of $1.51 and a 200 day moving average of $1.46.

Hedge Funds Weigh In On urban-gro

A number of institutional investors have recently modified their holdings of the business. Private Advisor Group LLC increased its position in urban-gro by 3.3% during the 3rd quarter. Private Advisor Group LLC now owns 215,746 shares of the company’s stock worth $298,000 after purchasing an additional 6,841 shares in the last quarter. Financial Advocates Investment Management grew its stake in shares of urban-gro by 35.0% during the second quarter. Financial Advocates Investment Management now owns 27,000 shares of the company’s stock worth $36,000 after buying an additional 7,000 shares during the last quarter. Renaissance Technologies LLC increased its holdings in shares of urban-gro by 26.9% during the second quarter. Renaissance Technologies LLC now owns 50,000 shares of the company’s stock worth $66,000 after buying an additional 10,600 shares in the last quarter. Finally, Garden State Investment Advisory Services LLC bought a new position in shares of urban-gro in the 3rd quarter valued at $166,000. Institutional investors and hedge funds own 20.56% of the company’s stock.

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.