CEA Industries (NASDAQ:CEAD) Shares Up 3.2% – Here’s Why

CEA Industries Inc. (NASDAQ:CEAD)’s share price traded up 3.2% during mid-day trading on Monday . The stock traded as high as $2.2801 and last traded at $2.25. 501,123 shares were traded during trading, an increase of 6,902% from the average daily volume of 7,156 shares. The stock had previously closed at $2.18.

CEA Industries Stock Up 3.2%

The stock has a fifty day simple moving average of $2.71 and a 200-day simple moving average of $4.14. The company has a market capitalization of $1.80 million, a P/E ratio of -0.52 and a beta of 0.54.

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.