urban-gro (NASDAQ:UGRO) Shares Down 2.7% – What’s Next?

urban-gro, Inc. (NASDAQ:UGRO) shares traded down 2.7% during mid-day trading on Tuesday . The stock traded as low as $1.80 and last traded at $1.81. 19,661 shares were traded during trading, a decline of 69% from the average session volume of 63,716 shares. The stock had previously closed at $1.86.

urban-gro Stock Up 8.3 %

The company has a market cap of $19.34 million, a price-to-earnings ratio of -1.17 and a beta of 1.93. The stock has a fifty day moving average price of $1.48 and a two-hundred day moving average price of $1.49.

Institutional Trading of urban-gro

Large investors have recently modified their holdings of the business. Private Advisor Group LLC lifted its stake in shares of urban-gro by 3.3% during the 3rd quarter. Private Advisor Group LLC now owns 215,746 shares of the company’s stock valued at $298,000 after buying an additional 6,841 shares in the last quarter. Financial Advocates Investment Management boosted its holdings in 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 in the last quarter. Finally, Renaissance Technologies LLC increased its position 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 purchasing an additional 10,600 shares in the last quarter. 20.56% of the stock is owned by institutional investors.

About urban-gro

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.