Private Advisor Group LLC Lowers Stake in urban-gro, Inc. (NASDAQ:UGRO)

Private Advisor Group LLC decreased its holdings in urban-gro, Inc. (NASDAQ:UGRO) by 57.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,426 shares of the company’s stock after selling 124,320 shares during the period. Private Advisor Group LLC’s holdings in urban-gro were worth $86,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Garden State Investment Advisory Services LLC acquired a new position in shares of urban-gro in the third quarter worth $166,000. Institutional investors own 20.56% of the company’s stock.

Analyst Ratings Changes

Separately, Craig Hallum upgraded shares of urban-gro to a “strong-buy” rating in a research note on Wednesday, February 19th.

urban-gro Trading Up 0.1 %

Shares of UGRO stock opened at $0.82 on Friday. The firm has a fifty day moving average price of $0.86 and a 200 day moving average price of $1.22. The company has a market cap of $10.42 million, a P/E ratio of -0.73 and a beta of 1.83. urban-gro, Inc. has a 12 month low of $0.60 and a 12 month high of $2.42.

urban-gro (NASDAQ:UGRO) last issued its earnings results on Tuesday, February 18th. The company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.15). The company had revenue of $9.89 million for the quarter, compared to analysts’ expectations of $17.49 million.

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.