urban-gro, Inc. (NASDAQ:UGRO) Shares Sold by Bard Associates Inc.

Bard Associates Inc. lowered its position in urban-gro, Inc. (NASDAQ:UGRO) by 13.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 251,729 shares of the company’s stock after selling 39,325 shares during the period. Bard Associates Inc. owned about 2.04% of urban-gro worth $238,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in UGRO. Garden State Investment Advisory Services LLC acquired a new stake in urban-gro in the third quarter valued at about $166,000. Evernest Financial Advisors LLC acquired a new stake in urban-gro in the fourth quarter valued at about $57,000. Finally, Private Advisor Group LLC lifted its position in urban-gro by 3.3% in the third quarter. Private Advisor Group LLC now owns 215,746 shares of the company’s stock valued at $298,000 after purchasing an additional 6,841 shares during the period. Institutional investors and hedge funds own 20.56% of the company’s stock.

urban-gro Trading Down 3.1 %

Shares of urban-gro stock opened at $0.80 on Tuesday. urban-gro, Inc. has a 12-month low of $0.60 and a 12-month high of $2.42. The stock has a market cap of $10.17 million, a PE ratio of -0.72 and a beta of 1.87. The company has a 50-day moving average of $0.87 and a two-hundred day moving average of $1.23.

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

Analyst Upgrades and Downgrades

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

urban-gro 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.