CitroTech (NYSEAMERICAN:CITR) Trading Down 2% – Here’s Why

Shares of CitroTech Inc. (NYSEAMERICAN:CITR) traded down 2% during trading on Tuesday . The stock traded as low as $6.80 and last traded at $6.83. 36,510 shares were traded during trading, a decline of 29% from the average session volume of 51,281 shares. The stock had previously closed at $6.97.

CitroTech Trading Up 0.4%

The company has a debt-to-equity ratio of 0.01, a current ratio of 3.42 and a quick ratio of 3.13. The firm’s 50 day moving average is $8.23 and its 200 day moving average is $7.95. The company has a market capitalization of $128.88 million, a PE ratio of -1.97 and a beta of 7.53.

CitroTech (NYSEAMERICAN:CITR) last issued its earnings results on Monday, March 30th. The company reported ($0.08) EPS for the quarter. The firm had revenue of $0.44 million during the quarter. CitroTech had a negative return on equity of 443.23% and a negative net margin of 1,547.17%.

Institutional Trading of CitroTech

Several large investors have recently added to or reduced their stakes in CITR. T3 Companies LLC bought a new stake in CitroTech in the fourth quarter valued at $274,000. Coastal Bridge Advisors LLC bought a new stake in CitroTech in the fourth quarter valued at $108,000. Finally, Fifth Third Bancorp bought a new stake in CitroTech in the first quarter valued at $1,046,000.

CitroTech Company Profile

General Enterprise Ventures, Inc, an integrated technology company, provides crypto-currency mining services in Wyoming. It focuses on the home essentials technology sector. The company was formerly known as General Entertainment Ventures, Inc and changed its name to General Enterprise Ventures, Inc in October 2021. General Enterprise Ventures, Inc was incorporated in 1990 and is based in Cheyenne, Wyoming.