CitroTech (NYSEAMERICAN:CITR) Releases Quarterly Earnings Results

CitroTech (NYSEAMERICAN:CITR) issued its quarterly earnings results on Saturday. The company reported ($0.18) earnings per share (EPS) for the quarter, FiscalAI reports. CitroTech had a negative return on equity of 315.55% and a negative net margin of 1,829.60%.The company had revenue of $0.28 million for the quarter.

CitroTech Price Performance

Shares of CITR opened at $5.90 on Monday. The business’s fifty day moving average is $5.79 and its 200 day moving average is $7.03. CitroTech has a 12-month low of $4.35 and a 12-month high of $12.00. The company has a quick ratio of 1.73, a current ratio of 1.97 and a debt-to-equity ratio of 0.01. The stock has a market cap of $131.92 million, a P/E ratio of -1.73 and a beta of 7.50.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CITR. Northland Securities started coverage on CitroTech in a research report on Thursday, June 11th. They issued an “outperform” rating and a $16.00 target price on the stock. Zacks Research upgraded CitroTech to a “hold” rating in a report on Friday, June 12th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, CitroTech presently has an average rating of “Moderate Buy” and a consensus target price of $16.00.

Insider Activity at CitroTech

In other news, CTO Stephen Conboy sold 275,001 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $3.00, for a total transaction of $825,003.00. Following the completion of the sale, the chief technology officer directly owned 2,060,557 shares of the company’s stock, valued at $6,181,671. The trade was a 11.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 31.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On CitroTech

A number of institutional investors and hedge funds have recently bought and sold shares of CITR. Fifth Third Bancorp bought a new stake in CitroTech in the 1st quarter worth about $1,046,000. T3 Companies LLC purchased a new stake in shares of CitroTech during the fourth quarter worth $274,000. FNY Investment Advisers LLC lifted its holdings in CitroTech by 200.1% during the 2nd quarter. FNY Investment Advisers LLC now owns 27,715 shares of the company’s stock worth $152,000 after purchasing an additional 18,481 shares in the last quarter. Finally, Coastal Bridge Advisors LLC bought a new stake in CitroTech during the 4th quarter worth approximately $108,000.

About CitroTech

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.