StockNews.com Initiates Coverage on S&W Seed (NASDAQ:SANW)

Equities researchers at StockNews.com began coverage on shares of S&W Seed (NASDAQ:SANW) in a research note issued on Wednesday. The firm set a “sell” rating on the stock.

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

S&W Seed Price Performance

Shares of NASDAQ SANW opened at $5.28 on Wednesday. The company’s 50-day moving average price is $4.05 and its 200 day moving average price is $5.09. The stock has a market cap of $12.06 million, a price-to-earnings ratio of -0.30 and a beta of 1.55. S&W Seed has a 52 week low of $2.10 and a 52 week high of $14.25. 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 (NASDAQ:SANW) last released its quarterly earnings results on Friday, November 1st. The company reported ($2.95) earnings per share (EPS) for the quarter. The firm had revenue of $14.82 million for the quarter. S&W Seed had a negative return on equity of 48.07% and a negative net margin of 77.05%.

About S&W Seed

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.