CEA Industries (NASDAQ:CEAD) Releases Earnings Results

CEA Industries (NASDAQ:CEAD) posted its earnings results on Thursday. The company reported ($1.30) earnings per share (EPS) for the quarter, Zacks reports. CEA Industries had a negative return on equity of 27.79% and a negative net margin of 118.08%.

CEA Industries Stock Performance

Shares of CEAD traded up $0.24 during mid-day trading on Thursday, hitting $8.24. 7,664 shares of the company’s stock were exchanged, compared to its average volume of 12,222. The stock’s 50-day moving average is $8.67 and its 200-day moving average is $7.69. CEA Industries has a fifty-two week low of $5.60 and a fifty-two week high of $12.26. The company has a market cap of $6.60 million, a price-to-earnings ratio of -1.89 and a beta of 0.77.

CEA Industries Company Profile

CEA Industries Inc provides environmental control, and other technologies and services to the controlled environment agriculture (CEA) industry worldwide. It offers floor plans and architectural design for cultivation facilities; licensed mechanical, electrical, and plumbing engineering services for commercial scale environmental control systems that are specific to cultivation facilities; and process cooling systems and other climate control systems.