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

StockNews.com started coverage on shares of S&W Seed (NASDAQ:SANW) in a note issued to investors on Monday. The brokerage set a “sell” rating on the stock.

Separately, Lake Street Capital raised their price objective on shares of 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 Trading Down 6.4 %

Shares of SANW opened at $7.11 on Monday. The company has a current ratio of 1.03, a quick ratio of 0.40 and a debt-to-equity ratio of 0.16. The stock has a market cap of $15.25 million, a PE ratio of -0.46 and a beta of 1.88. S&W Seed has a 1 year low of $2.10 and a 1 year high of $11.60. The stock has a 50 day simple moving average of $8.39 and a 200-day simple moving average of $6.01.

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

Insider Transactions at S&W Seed

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

S&W Seed Company Profile

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.