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GrowGeneration (GRWG) Expected to Announce Quarterly Earnings on Thursday

GrowGeneration logo with Basic Materials background
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GrowGeneration (NASDAQ:GRWG - Get Free Report) is projected to post its quarterly earnings results after the market closes on Thursday, March 13th. Analysts expect GrowGeneration to post earnings of ($0.18) per share and revenue of $38.10 million for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

GrowGeneration Trading Down 0.9 %

Shares of NASDAQ:GRWG traded down $0.01 on Friday, reaching $1.14. The company had a trading volume of 435,213 shares, compared to its average volume of 653,513. GrowGeneration has a 52-week low of $1.04 and a 52-week high of $3.38. The firm's 50 day simple moving average is $1.44 and its 200-day simple moving average is $1.77. The firm has a market capitalization of $67.54 million, a PE ratio of -1.31 and a beta of 3.39.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in GrowGeneration stock. Bank of America Corp DE lifted its holdings in GrowGeneration Corp. (NASDAQ:GRWG - Free Report) by 36.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,104 shares of the company's stock after purchasing an additional 16,132 shares during the quarter. Bank of America Corp DE owned about 0.10% of GrowGeneration worth $102,000 as of its most recent SEC filing. 36.02% of the stock is currently owned by institutional investors and hedge funds.

About GrowGeneration

(Get Free Report)

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. The company engages in the marketing and distribution of nutrients, additives, growing media, lighting, and environmental control systems, as well as other indoor and outdoor growing products.

See Also

Earnings History for GrowGeneration (NASDAQ:GRWG)

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