CitroTech (NYSEAMERICAN:CITR) Releases Earnings Results

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

CitroTech Stock Performance

NYSEAMERICAN CITR opened at $5.90 on Monday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.73 and a current ratio of 1.97. The company has a market capitalization of $131.92 million, a PE ratio of -1.73 and a beta of 7.50. The company has a 50-day simple moving average of $5.79 and a 200 day simple moving average of $7.03. CitroTech has a 52-week low of $4.35 and a 52-week high of $12.00.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In related news, CTO Stephen Conboy sold 275,001 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $3.00, for a total transaction of $825,003.00. Following the sale, the chief technology officer directly owned 2,060,557 shares in the company, valued at approximately $6,181,671. This represents a 11.77% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 31.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. FNY Investment Advisers LLC boosted its holdings in CitroTech by 200.1% in the second quarter. FNY Investment Advisers LLC now owns 27,715 shares of the company’s stock valued at $152,000 after acquiring an additional 18,481 shares in the last quarter. Fifth Third Bancorp bought a new stake in CitroTech in the first quarter worth $1,046,000. Coastal Bridge Advisors LLC purchased a new stake in shares of CitroTech in the fourth quarter worth $108,000. Finally, T3 Companies LLC bought a new position in shares of CitroTech during the fourth quarter valued at $274,000.

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.