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Urban-gro Inc (UGRO) rating initates by Maxim Group

Urban-gro Inc’s recently made public that its 10% Owner AWM Investment Company, Inc. unloaded Company’s shares for reported $22463.0 on Dec 13 ’24. In the deal valued at $1.19 per share,18,802 shares were sold. As a result of this transaction, AWM Investment Company, Inc. now holds 1,212,836 shares worth roughly $0.55 million.

Then, AWM Investment Company, Inc. sold 33,839 shares, generating $41,307 in total proceeds. Upon selling the shares at $1.22, the 10% Owner now owns 1,256,130 shares.

Before that, AWM Investment Company, Inc. sold 17,092 shares. Urban-gro Inc shares valued at $20,868 were divested by the 10% Owner at a price of $1.22 per share. As a result of the transaction, AWM Investment Company, Inc. now holds 1,239,038 shares, worth roughly $0.56 million.

Maxim Group initiated its Urban-gro Inc [UGRO] rating to a Buy in a research note published on March 21, 2022; the price target was $20.

Price Performance Review of UGRO

On Friday, Urban-gro Inc [NASDAQ:UGRO] saw its stock fall -13.00% to $0.45. Over the last five days, the stock has lost -24.60%. Urban-gro Inc shares have fallen nearly -52.11% since the year began. Nevertheless, the stocks have fallen -76.80% over the past one year. While a 52-week high of $2.16 was reached on 01/02/25, a 52-week low of $0.45 was recorded on 03/28/25. SMA at 50 days reached $0.7629, while 200 days put it at $1.2220.

Levels Of Support And Resistance For UGRO Stock

The 24-hour chart illustrates a support level at 0.3850, which if violated will result in even more drops to 0.3176. On the upside, there is a resistance level at 0.5149. A further resistance level may holdings at 0.5774. The Relative Strength Index (RSI) on the 14-day chart is 17.80, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1565, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.61%. Stochastics %K at 17.75% indicates the stock is a buying.

How much short interest is there in Urban-gro Inc?

A steep rise in short interest was recorded in Urban-gro Inc stocks on 2025-03-14, growing by 4408.0 shares to a total of 0.29 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.28 million shares. There was a rise of 1.53%, which implies that there is a positive sentiment for the stock.

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