CitroTech (NYSEAMERICAN:CITR) Trading 1.4% Higher – Here’s Why

CitroTech Inc. (NYSEAMERICAN:CITR) rose 1.4% during mid-day trading on Friday . The stock traded as high as $9.48 and last traded at $9.27. Approximately 27,304 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 111,475 shares. The stock had previously closed at $9.14.

CitroTech Stock Up 1.4%

The firm has a market cap of $174.28 million, a PE ratio of -2.72 and a beta of 8.38. The company has a 50-day simple moving average of $7.77 and a 200-day simple moving average of $7.83. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.44 and a quick ratio of 2.28.

Hedge Funds Weigh In On CitroTech

A hedge fund recently bought a new stake in CitroTech stock. Coastal Bridge Advisors LLC bought a new position in CitroTech Inc. (NYSEAMERICAN:CITR) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 13,331 shares of the company’s stock, valued at approximately $108,000. Coastal Bridge Advisors LLC owned 0.08% of CitroTech as of its most recent SEC filing.

About CitroTech

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.