CitroTech (NYSEAMERICAN:CITR) Shares Down 4.2% – Time to Sell?

CitroTech Inc. (NYSEAMERICAN:CITR)’s stock price was down 4.2% during trading on Tuesday . The company traded as low as $5.00 and last traded at $5.03. Approximately 20,479 shares changed hands during trading, a decline of 32% from the average daily volume of 30,171 shares. The stock had previously closed at $5.25.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on CITR shares. Zacks Research raised CitroTech to a “hold” rating in a research report on Friday, June 12th. Northland Securities initiated coverage on CitroTech in a research report on Thursday, June 11th. They issued an “outperform” rating and a $16.00 price objective on the stock. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, CitroTech has a consensus rating of “Moderate Buy” and an average price target of $16.00.

CitroTech Trading Down 1.2%

The business’s fifty day moving average price is $5.60 and its 200 day moving average price is $6.80. The company has a quick ratio of 7.39, a current ratio of 8.77 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $113.43 million, a PE ratio of -1.48 and a beta of 7.59.

CitroTech (NYSEAMERICAN:CITR) last announced its quarterly earnings data on Saturday, August 8th. The company reported ($0.18) earnings per share (EPS) for the quarter. CitroTech had a negative net margin of 1,788.52% and a negative return on equity of 232.61%. The firm had revenue of $0.28 million for the quarter. As a group, analysts expect that CitroTech Inc. will post -0.88 EPS for the current fiscal year.

Insider Buying and Selling at CitroTech

In other CitroTech news, CTO Stephen Conboy sold 275,001 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $3.00, for a total transaction of $825,003.00. Following the transaction, the chief technology officer owned 2,060,557 shares of the company’s stock, valued at $6,181,671. This represents a 11.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 31.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On CitroTech

A number of hedge funds and other institutional investors have recently made changes to their positions in CITR. T3 Companies LLC purchased a new position in CitroTech during the fourth quarter worth about $274,000. Coastal Bridge Advisors LLC purchased a new stake in CitroTech in the 4th quarter valued at about $108,000. Fifth Third Bancorp purchased a new stake in CitroTech in the 1st quarter valued at about $1,046,000. Finally, FNY Investment Advisers LLC grew its holdings in CitroTech by 200.1% in the 2nd quarter. FNY Investment Advisers LLC now owns 27,715 shares of the company’s stock valued at $152,000 after buying an additional 18,481 shares during the period.

CitroTech Company Profile

CitroTech Inc manufactures and sells fire inhibitor products in the United States and Canada. The company also offers lumber treatment and spraying solutions, as well as develops wildfire defense systems on residential and commercial properties under the CitroSafe Systems brand name. It serves wildland fire, residential home protection, wood products, ground application, lumber and building materials, and construction industries; homeowners; governments; and agencies. The company was formerly known as General Enterprise Ventures, Inc and changed its name to CitroTech Inc in January 2026.