In the past week, UGRO stock has gone up by 25.90%, with a monthly gain of 55.97% and a quarterly surge of 21.51%. The volatility ratio for the week is 9.20%, and the volatility levels for the last 30 days are 9.77% for Urban-gro Inc The simple moving average for the past 20 days is 24.44% for UGRO’s stock, with a 39.13% simple moving average for the past 200 days.
Is It Worth Investing in Urban-gro Inc (NASDAQ: UGRO) Right Now?
Company’s 36-month beta value is 2.05.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for UGRO is 8.16M, and currently, short sellers hold a 2.78% ratio of that floaft. The average trading volume of UGRO on May 01, 2024 was 113.68K shares.
UGRO) stock’s latest price update
Urban-gro Inc (NASDAQ: UGRO)’s stock price has soared by 18.08 in relation to previous closing price of 1.77. Nevertheless, the company has seen a gain of 25.90% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-30 that urban-gro, Inc. (NASDAQ:UGRO ) Q1 2024 Earnings Conference Call April 30, 2024 4:30 PM ET Company Participants Christian Monson – Executive Vice President & General Counsel Brad Nattrass – Chairman & Chief Executive Officer Dick Akright – Chief Financial Officer Conference Call Participants Scott Fortune – ROTH MKM Eric Des Lauriers – Craig-Hallum Anthony Vendetti – Maxim Group Eric Beder – SCC Research Operator Hello, and welcome to the urban-gro First Quarter 2024 Earnings Conference Call. As a brief reminder, all participants are currently in a listen-only mode.
Analysts’ Opinion of UGRO
Many brokerage firms have already submitted their reports for UGRO stocks, with Maxim Group repeating the rating for UGRO by listing it as a “Buy.” The predicted price for UGRO in the upcoming period, according to Maxim Group is $20 based on the research report published on March 21, 2022 of the previous year 2022.
UGRO Trading at 7.25% from the 50-Day Moving Average
After a stumble in the market that brought UGRO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.41% of loss for the given period.
Volatility was left at 9.77%, however, over the last 30 days, the volatility rate increased by 9.20%, as shares surge +38.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.99% lower at present.
During the last 5 trading sessions, UGRO rose by +25.90%, which changed the moving average for the period of 200-days by +38.41% in comparison to the 20-day moving average, which settled at $1.7100. In addition, Urban-gro Inc saw 49.29% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at UGRO starting from AWM Investment Company, Inc., who sale 1,000 shares at the price of $1.70 back on Apr 15 ’24. After this action, AWM Investment Company, Inc. now owns 1,444,037 shares of Urban-gro Inc, valued at $1,700 using the latest closing price.
WILKS LEWIS, the Director of Urban-gro Inc, purchase 10,000 shares at $1.03 during a trade that took place back on Aug 30 ’23, which means that WILKS LEWIS is holding 126,306 shares at $10,300 based on the most recent closing price.
Stock Fundamentals for UGRO
Current profitability levels for the company are sitting at:
- -0.23 for the present operating margin
- 0.14 for the gross margin
The net margin for Urban-gro Inc stands at -0.26. The total capital return value is set at -0.75. Equity return is now at value -68.18, with -29.55 for asset returns.
Based on Urban-gro Inc (UGRO), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at -1.44. The debt to equity ratio resting at 0.26. The interest coverage ratio of the stock is -86.94.
Currently, EBITDA for the company is -15.04 million with net debt to EBITDA at -0.27. When we switch over and look at the enterprise to sales, we see a ratio of 0.42. The receivables turnover for the company is 1.93for trailing twelve months and the total asset turnover is 1.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.97.
Conclusion
In a nutshell, Urban-gro Inc (UGRO) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
