GrowGeneration (GRWG) to Release Earnings on Thursday

GrowGeneration (NASDAQ:GRWG) will likely be posting 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 interested in participating in the company’s earnings conference call can do so using this link.

GrowGeneration Price Performance

GRWG stock opened at $1.01 on Wednesday. GrowGeneration has a 1-year low of $0.97 and a 1-year high of $3.38. The firm has a fifty day moving average price of $1.42 and a two-hundred day moving average price of $1.76. The firm has a market cap of $59.84 million, a price-to-earnings ratio of -1.16 and a beta of 3.39.

Hedge Funds Weigh In On GrowGeneration

A hedge fund recently raised its stake in GrowGeneration stock. Bank of America Corp DE boosted its stake in GrowGeneration Corp. (NASDAQ:GRWG) by 36.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 60,104 shares of the company’s stock after buying an additional 16,132 shares during the period. Bank of America Corp DE owned 0.10% of GrowGeneration worth $102,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 36.02% of the company’s stock.

About GrowGeneration

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.