Streetbeat News

CEAD

CEA Industries Inc.

https://www.ceaindustries.com

Industry

Agricultural - Machinery

CEA Industries Inc. provides technology, engineering, and other 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. It serves commercial, as well as state- and provincial-regulated CEA growers. The company was formerly known as Surna Inc. and changed its name to CEA Industries Inc. in November 2021. CEA Industries Inc. was founded in 2006 and is headquartered in Louisville, Colorado.

Open

6.74

Mkt cap

5.4M

Volume

5.1K

High

6.88

P/E Ratio

-1.48

52-wk high

11.04

Low

6.62

Div yield

N/A

52-wk low

5.22

In Wednesday's intraday session, notable movements were observed in the industrials stocks sector. Ryde Group (RYDE) led the gainers with a 73.9% increase, while iSun (ISUN) experienced the largest drop among the losers, declining by 23.8%. Other significant movements included CEA Industries (CEAD) and Beam Global (BEEM) with substantial gains, and SolarMax Technology (SMXT) and Greenland Technologies (GTEC) with notable losses. Earnings reports released around this period appear to have influenced stock performances, with companies like Beam Global, Agrify, United Airlines Holdings, iSun, and Greenland Technologies releasing their quarterly results.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 4:31 pm

In Thursday's after-market session, several industrials stocks saw significant movements. Argan, Pineapple Energy, Safe & Green Holdings, ESS Tech, Controladora Vuela, and Azul were among the gainers, with Argan leading after announcing Q4 earnings. On the downside, Nature's Miracle Holding, CEA Industries, Nauticus Robotics, Tecnoglass, noco-noco, and Momentus experienced declines, with Nature's Miracle Holding and CEA Industries facing the steepest drops.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 8:31 pm

In Thursday's pre-market session, several industrials stocks showed notable movements. Energy Focus, Xos, and Babcock & Wilcox were among the top gainers, with increases of 21.9%, 12.27%, and 12.03% respectively. On the losing side, Caesarstone, NeoVolta, and Simpple experienced declines of 10.6%, 8.52%, and 5.82% respectively. Fastenal also reported a decrease of 5.01% following its Q1 earnings release.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 12:10 pm

CEA Industries is actively evaluating merger and acquisition opportunities and other alternatives for its future. On April 9, the company received a notice from Nasdaq about the delisting of its shares of common stock and common stock warrants, which will take effect on April 18.

Portfolio Pulse from Charles Gross

April 10, 2024 | 8:57 pm

CEA Industries (NASDAQ:CEAD) reported a Q4 EPS of $(0.12), improving from $(0.18) YoY. However, sales significantly decreased to $251.00K from $1.46M YoY, marking an 82.82% drop.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:23 pm

In Thursday's after-market session, several industrial stocks experienced significant movements. Electriq Power Holdings (ELIQ) saw a substantial rise of 47.9%, while View (VIEW) and CEA Industries (CEAD) also gained 18.87% and 7.41%, respectively. Other gainers included ClearSign Technologies (CLIR), Safe & Green Holdings (SGBX), and ShiftPixy (PIXY). Conversely, FiscalNote Holdings (NOTE) led the losers with a 4.7% drop, followed by JanOne (JAN), iSun (ISUN), ESGL Holdings (ESGL), Lichen China (LICN), and Knightscope (KSCP) with declines ranging from 3.04% to 4.34%.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 9:31 pm

In Tuesday's after-market session, several industrial stocks experienced movement. KULR, MESA, ELWS, DSS, CEAD, and FRGT saw gains, while HTOO, CAPT, ESGL, AZEK, EFSH, and BGLC faced declines. AZEK's movement is attributed to its Q4 earnings report release.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 9:31 pm

CEA Industries Inc. (NASDAQ:CEAD) reported a significant decrease in revenue for Q3 2023, with $0.9 million compared to $5.1 million in Q3 2022. Net bookings and backlog also declined, while operating expenses were cut by 58%. The net loss improved slightly, and the company remains debt-free with $13.3 million in cash. The CEO mentioned that the Board is considering strategic alternatives, including a sale, merger, or other transaction. CEAD's stock was up 3.02% at $0.51 per share.

Portfolio Pulse from Joana Scopel

November 15, 2023 | 9:33 pm

CEA Industries reported a Q3 2023 EPS of $(0.10), an improvement from $(0.13) year-over-year. However, revenue declined to $914K from $1.064M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 10:18 pm

In Tuesday's after-market session, several industrials stocks saw significant movement. Gainers included Nuvve Holding (NVVE), NeoVolta (NEOV), CEA Industries (CEAD), Astra Space (ASTR), FiscalNote Holdings (NOTE), and FTC Solar (FTCI). Losers included Bridger Aerospace Gr (BAER), Hawaiian Holdings (HA), SunPower (SPWR), Greenwave Tech Solns (GWAV), AERWINS Technologies (AWIN), and Encore Wire (WIRE). Q3 earnings for Hawaiian Holdings and Encore Wire were released.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 9:31 pm

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