CitroTech (NYSEAMERICAN:CITR) Releases Earnings Results

CitroTech (NYSEAMERICAN:CITR) issued its earnings results on Thursday. The company reported ($0.33) earnings per share for the quarter, FiscalAI reports. CitroTech had a negative return on equity of 443.23% and a negative net margin of 1,547.17%.The firm had revenue of $0.34 million for the quarter.

CitroTech Stock Up 1.2%

Shares of NYSEAMERICAN:CITR traded up $0.08 during trading on Friday, reaching $6.81. 22,165 shares of the stock were exchanged, compared to its average volume of 54,304. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.42 and a quick ratio of 3.13. CitroTech has a 1-year low of $5.01 and a 1-year high of $17.20. The stock has a fifty day moving average of $8.22 and a two-hundred day moving average of $7.94. The firm has a market cap of $130.41 million, a price-to-earnings ratio of -2.00 and a beta of 7.53.

Institutional Investors Weigh In On CitroTech

Several institutional investors have recently bought and sold shares of the stock. Coastal Bridge Advisors LLC bought a new stake in CitroTech during the fourth quarter worth $108,000. T3 Companies LLC bought a new stake in CitroTech during the fourth quarter worth $274,000. Finally, Fifth Third Bancorp bought a new stake in CitroTech during the first quarter worth $1,046,000.

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.