Urban Gro Stock Price on October 3, 2024

UGRO Stock  USD 1.48  0.06  3.90%   
Below is the normalized historical share price chart for Urban Gro extending back to November 14, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Urban Gro stands at 1.48, as last reported on the 26th of November, with the highest price reaching 1.56 and the lowest price hitting 1.43 during the day.
IPO Date
14th of November 2019
200 Day MA
1.6231
50 Day MA
1.5074
Beta
1.766
 
Covid
If you're considering investing in Urban Stock, it is important to understand the factors that can impact its price. Urban Gro appears to be very risky, given 3 months investment horizon. Urban Gro owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0571, which indicates the firm had a 0.0571% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Urban Gro, which you can use to evaluate the volatility of the company. Please review Urban Gro's Coefficient Of Variation of 2644.01, semi deviation of 5.59, and Risk Adjusted Performance of 0.0374 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Urban Gro's Common Stock Total Equity is very stable compared to the past year. As of the 26th of November 2024, Stock Based Compensation To Revenue is likely to grow to 0.03, while Total Stockholder Equity is likely to drop about 11.6 M. . At this time, Urban Gro's Price Book Value Ratio is very stable compared to the past year. As of the 26th of November 2024, Price To Book Ratio is likely to grow to 0.83, while Price To Sales Ratio is likely to drop 0.21. Urban Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0571

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Estimated Market Risk

 4.99
  actual daily
44
56% of assets are more volatile

Expected Return

 0.28
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Urban Gro is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Urban Gro by adding it to a well-diversified portfolio.
Price Book
1.0207
Enterprise Value Ebitda
(1.82)
Price Sales
0.2593
Shares Float
7.4 M
Wall Street Target Price
5.2333

Urban Gro Main Headline on 3rd of October 2024

LAFAYETTE, CO ACCESSWIRE October 3, 2024 urban-gro, Inc. , an integrated professional services and Design-Build firm offering solutions to the Controlled Environment Agriculture and commercial ...

Urban Gro Valuation on October 3, 2024

It is possible to determine the worth of Urban Gro on a given historical date. On October 3, 2024 Urban was worth 1.36 at the beginning of the trading date compared to the closed value of 1.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Urban Gro stock. Still, in general, we apply an absolute valuation method to find Urban Gro's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Urban Gro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Urban Gro's related companies.
 Open High Low Close Volume
  1.34    1.38    1.29    1.36    14,239  
10/03/2024
  1.36    1.55    1.33    1.49    105,036  
  1.47    1.50    1.42    1.48    21,344  
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Open Value
1.36
1.49
Closing Value
16.34
Upside

Urban Gro Trading Date Momentum on October 3, 2024

On October 04 2024 Urban Gro was traded for  1.48  at the closing time. The top price for the day was 1.50  and the lowest listed price was  1.42 . The trading volume for the day was 21.3 K. The trading history from October 4, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.67% . The trading price change against the current closing price is 6.04% .

Urban Gro Fundamentals Correlations and Trends

By evaluating Urban Gro's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Urban Gro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Urban financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Urban Gro Stock history

Urban Gro investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Urban is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Urban Gro will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Urban Gro stock prices may prove useful in developing a viable investing in Urban Gro
Last ReportedProjected for Next Year
Common Stock Shares Outstanding11.3 M8.4 M
Net Loss-13.8 M-13.1 M

Urban Gro Stock Technical Analysis

Urban Gro technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Urban Gro technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Urban Gro trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Urban Gro Period Price Range

Low
November 26, 2024
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High

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Urban Gro November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Urban Gro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Urban Gro shares will generate the highest return on investment. By undertsting and applying Urban Gro stock market strength indicators, traders can identify Urban Gro entry and exit signals to maximize returns

Urban Gro Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Urban Gro's price direction in advance. Along with the technical and fundamental analysis of Urban Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Urban to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Urban Gro offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Urban Gro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Urban Gro Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Urban Gro Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Urban Gro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Urban Stock, please use our How to Invest in Urban Gro guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Urban Gro. If investors know Urban will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Urban Gro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.36)
Revenue Per Share
6.067
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.14)
Return On Equity
(0.64)
The market value of Urban Gro is measured differently than its book value, which is the value of Urban that is recorded on the company's balance sheet. Investors also form their own opinion of Urban Gro's value that differs from its market value or its book value, called intrinsic value, which is Urban Gro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Urban Gro's market value can be influenced by many factors that don't directly affect Urban Gro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Urban Gro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Urban Gro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Urban Gro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.