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

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

Separately, Lake Street Capital increased their target price on shares of 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 Price Performance

Shares of NASDAQ:SANW opened at $7.77 on Friday. S&W Seed has a 52 week low of $2.10 and a 52 week high of $14.25. The firm has a market capitalization of $17.75 million, a P/E ratio of -0.44 and a beta of 1.54. The firm’s 50 day moving average is $5.25 and its two-hundred day moving average is $5.25. 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 announced its earnings results on Friday, November 1st. The company reported ($2.95) earnings per share for the quarter. S&W Seed had a negative net margin of 77.05% and a negative return on equity of 48.07%. The business had revenue of $14.82 million for the quarter.

Insider Buying and Selling

In related 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 transaction of $30,000.00. Following the transaction, the insider now directly owns 993,187 shares of the company’s stock, valued at $148,978.05. The trade was a 16.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 11.40% of the stock is owned by corporate insiders.

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.