GrowGeneration Corp (OTCMKTS:GRWG)’s share price was up 8.7% during trading on Tuesday . The company traded as high as $4.47 and last traded at $4.38, approximately 257,780 shares changed hands during trading. An increase of 99% from the average daily volume of 129,415 shares. The stock had previously closed at $4.03.
A number of equities analysts have recently commented on GRWG shares. Lake Street Capital started coverage on GrowGeneration in a research report on Monday, October 28th. They set a “buy” rating for the company. LADENBURG THALM/SH SH started coverage on GrowGeneration in a research report on Monday, October 14th. They set a “buy” rating and a $7.00 price objective for the company. Alliance Global Partners started coverage on GrowGeneration in a research report on Thursday, September 19th. They set a “buy” rating and a $8.00 price objective for the company. Finally, Roth Capital started coverage on GrowGeneration in a report on Friday, October 11th. They issued a “buy” rating and a $7.50 price target for the company. Five research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and a consensus price target of $6.94.
The stock has a fifty day moving average of $4.22 and a 200-day moving average of $4.10. The company has a quick ratio of 2.16, a current ratio of 4.20 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $147.04 million, a price-to-earnings ratio of -20.86 and a beta of 1.90.
GrowGeneration (OTCMKTS:GRWG) last announced its quarterly earnings results on Monday, November 11th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.02. The firm had revenue of $21.78 million during the quarter, compared to the consensus estimate of $21.08 million. GrowGeneration had a positive return on equity of 5.23% and a negative net margin of 0.10%. On average, equities analysts forecast that GrowGeneration Corp will post 0.15 EPS for the current fiscal year.
About GrowGeneration (OTCMKTS:GRWG)
GrowGeneration Corp., through its subsidiaries, operates retail hydroponic stores. It offers farming soil, hydroponic equipment, lighting, plant nutrients, and various other products. The company serves home growers of organic vegetables and fruits, do-it yourselfers, and growers in the cannabis related markets.
Recommended Story: What is the outlook for the FAANG stocks?
Receive News & Ratings for GrowGeneration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GrowGeneration and related companies with MarketBeat.com's FREE daily email newsletter.