S&W Seed (NASDAQ:SANW) Coverage Initiated at StockNews.com

StockNews.com initiated coverage on shares of S&W Seed (NASDAQ:SANW) in a report released on Saturday. The firm set a “sell” rating on the stock.

Separately, Lake Street Capital raised their price objective on S&W Seed from $10.00 to $35.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th.

S&W Seed Stock Performance

Shares of SANW stock opened at $7.65 on Friday. The company’s fifty day moving average price is $5.14 and its 200-day moving average price is $5.22. The stock has a market cap of $17.47 million, a PE ratio of -0.43 and a beta of 1.54. The company has a current ratio of 0.85, a quick ratio of 0.37 and a debt-to-equity ratio of 0.15. S&W Seed has a 12 month low of $2.10 and a 12 month high of $14.25.

S&W Seed (NASDAQ:SANW) last issued its quarterly earnings results on Friday, November 1st. The company reported ($2.95) earnings per share (EPS) for the quarter. The business had revenue of $14.82 million for the quarter. S&W Seed had a negative net margin of 77.05% and a negative return on equity of 48.07%.

Insider Activity at S&W Seed

In other S&W Seed news, major shareholder Mfp Partners Lp sold 200,000 shares of S&W Seed stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $0.15, for a total value of $30,000.00. Following the completion of the sale, the insider now owns 993,187 shares of the company’s stock, valued at approximately $148,978.05. This trade represents a 16.76 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 11.40% of the stock is currently owned by insiders.

S&W Seed Company Profile

S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa and sorghum seeds. The company also offers sunflower, stevia, camelina, wheat, and pasture seeds. It sells its seeds to distributors and dealers in 40 countries. The company was founded in 1980 and is headquartered in Longmont, Colorado.