Sow Good (NASDAQ:SOWG) Shares Up 2.7% – Here’s Why

Sow Good Inc. (NASDAQ:SOWG)’s share price was up 2.7% on Thursday . The company traded as high as $3.47 and last traded at $3.47. Approximately 2,368 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 15,689 shares. The stock had previously closed at $3.38.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Sow Good from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, May 26th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Sow Good presently has an average rating of “Sell”.

Sow Good Stock Performance

The company’s 50 day simple moving average is $3.02 and its 200-day simple moving average is $4.69. The firm has a market capitalization of $69.82 million, a PE ratio of -0.14 and a beta of 1.13.

Sow Good (NASDAQ:SOWG) last posted its quarterly earnings data on Wednesday, May 20th. The company reported ($0.13) earnings per share for the quarter.

About Sow Good

Sow Good Inc is engaged in producing nutritious products in the freeze-dried food industry. Sow Good Inc, formerly known as Black Ridge Oil and Gas Inc, is based in IRVING, Texas.