S&W Seed (NASDAQ:SANW) Shares Pass Above 200 Day Moving Average – Time to Sell?

S&W Seed (NASDAQ:SANW) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.22 and traded as high as $8.01. S&W Seed shares last traded at $7.65, with a volume of 28,879 shares trading hands.

Wall Street Analysts Forecast Growth

SANW has been the subject of several research reports. Lake Street Capital raised their price target on shares of S&W Seed from $10.00 to $35.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. StockNews.com initiated coverage on shares of S&W Seed in a research report on Saturday. They issued a “sell” rating for the company.

S&W Seed Stock Up 0.4 %

The company has a debt-to-equity ratio of 0.15, a current ratio of 0.85 and a quick ratio of 0.37. The firm has a 50-day moving average of $5.14 and a 200 day moving average of $5.22. The stock has a market capitalization of $17.47 million, a price-to-earnings ratio of -0.43 and a beta of 1.54.

S&W Seed (NASDAQ:SANW) last released its quarterly earnings data on Friday, November 1st. The company reported ($2.95) EPS for the quarter. The company had revenue of $14.82 million during the quarter. S&W Seed had a negative net margin of 77.05% and a negative return on equity of 48.07%.

Insider Transactions at S&W Seed

In other news, major shareholder Mfp Partners Lp sold 200,000 shares of S&W Seed stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $0.15, for a total transaction of $30,000.00. Following the completion of the transaction, the insider now directly owns 993,187 shares in the company, valued at approximately $148,978.05. The trade was a 16.76 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 11.40% of the stock is owned by company insiders.

S&W Seed Company Profile

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.