CitroTech (NYSEAMERICAN:CITR) Posts Earnings Results

CitroTech (NYSEAMERICAN:CITR) announced its earnings results on Thursday. The company reported ($0.33) earnings per share (EPS) 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 company had revenue of $0.34 million during the quarter.

CitroTech Stock Performance

NYSEAMERICAN CITR traded up $0.08 during trading hours on Friday, hitting $6.81. 22,165 shares of the company’s stock traded hands, compared to its average volume of 54,304. CitroTech has a 52 week low of $5.01 and a 52 week high of $17.20. The firm has a market capitalization of $130.41 million, a P/E ratio of -2.00 and a beta of 7.53. The business’s fifty day moving average price is $8.22 and its two-hundred day moving average price is $7.94. The company has a current ratio of 3.42, a quick ratio of 3.13 and a debt-to-equity ratio of 0.01.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CITR. Coastal Bridge Advisors LLC bought a new stake in CitroTech during the fourth quarter worth approximately $108,000. T3 Companies LLC purchased a new position in shares of CitroTech during the fourth quarter worth approximately $274,000. Finally, Fifth Third Bancorp purchased a new position in shares of CitroTech during the first quarter worth approximately $1,046,000.

CitroTech Company Profile

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.