CEA Industries (NASDAQ:CEAD) Trading 2.1% Higher – Should You Buy?

CEA Industries Inc. (NASDAQ:CEAD)’s share price shot up 2.1% on Wednesday . The company traded as high as $2.97 and last traded at $2.92. 172,729 shares traded hands during trading, an increase of 1,365% from the average session volume of 11,794 shares. The stock had previously closed at $2.86.

CEA Industries Stock Performance

The firm has a market cap of $2.34 million, a price-to-earnings ratio of -0.67 and a beta of 0.54. The firm’s 50 day moving average is $4.03 and its 200-day moving average is $6.21.

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. The company also provides air handling equipment and systems; LED lighting; benching and racking solutions for indoor cultivation; automation and control devices, systems, and technologies for environmental, lighting, and climate control applications; and preventive maintenance services for CEA facilities.