urban-gro (NASDAQ:UGRO) Trading Up 0.7% – Should You Buy?

urban-gro, Inc. (NASDAQ:UGRO)’s stock price rose 0.7% during trading on Wednesday . The stock traded as high as $1.61 and last traded at $1.49. Approximately 23,227 shares traded hands during trading, a decline of 63% from the average daily volume of 62,135 shares. The stock had previously closed at $1.48.

urban-gro Stock Performance

The company’s 50 day moving average is $1.51 and its 200 day moving average is $1.46.

Hedge Funds Weigh In On urban-gro

Large investors have recently bought and sold shares of the stock. Garden State Investment Advisory Services LLC bought a new stake in urban-gro in the 3rd quarter valued at $166,000. Private Advisor Group LLC increased its holdings in urban-gro by 3.3% in 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 during the period. Renaissance Technologies LLC increased its holdings in urban-gro by 26.9% in the 2nd quarter. Renaissance Technologies LLC now owns 50,000 shares of the company’s stock valued at $66,000 after buying an additional 10,600 shares during the period. Finally, Financial Advocates Investment Management increased its holdings in urban-gro by 35.0% in the 2nd quarter. Financial Advocates Investment Management now owns 27,000 shares of the company’s stock valued at $36,000 after buying an additional 7,000 shares during the period. 20.56% of the stock is currently owned by institutional investors and hedge funds.

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.