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

StockNews.com assumed coverage on shares of S&W Seed (NASDAQ:SANW) in a research note released on Saturday. The brokerage issued a sell rating on the stock.

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

S&W Seed Stock Down 1.3 %

Shares of NASDAQ SANW opened at $8.04 on Friday. S&W Seed has a 52-week low of $2.10 and a 52-week high of $11.60. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.40 and a current ratio of 1.03. The stock has a market cap of $17.25 million, a P/E ratio of -0.52 and a beta of 1.55. The firm has a 50 day moving average price of $8.31 and a 200 day moving average price of $5.87.

S&W Seed (NASDAQ:SANW) last announced its quarterly earnings results on Thursday, February 13th. The company reported ($2.05) earnings per share (EPS) for the quarter. S&W Seed had a negative net margin of 76.30% and a negative return on equity of 51.47%. The firm had revenue of $5.08 million during the quarter.

Insider Activity

In other S&W Seed news, major shareholder Mfp Partners Lp sold 200,000 shares of S&W Seed stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of $0.15, for a total value of $30,000.00. Following the sale, the insider now owns 993,187 shares of the company’s stock, valued at $148,978.05. This trade represents a 16.76 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 11.40% of the company’s stock.

About S&W Seed

S&W Seed Co engages in the breeding, production, and sale of stevia and alfalfa seeds. The company was founded in 1980 and is headquartered in Longmont, CO.