CEA Industries (NASDAQ:CEAD) Announces Quarterly Earnings Results

CEA Industries (NASDAQ:CEAD) released its quarterly earnings results on Thursday. The company reported ($1.30) earnings per share 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 Trading Up 2.9 %

Shares of CEA Industries stock traded up $0.24 on Thursday, hitting $8.24. 7,664 shares of the company traded hands, compared to its average volume of 12,222. The firm’s 50-day simple moving average is $8.67 and its 200 day simple moving average is $7.69. CEA Industries has a 12-month low of $5.60 and a 12-month high of $12.26. The company has a market cap of $6.60 million, a P/E 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.