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

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

Separately, Lake Street Capital increased their price objective on 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 Stock Up 0.2 %

Shares of NASDAQ SANW opened at $9.02 on Wednesday. S&W Seed has a 12-month low of $2.10 and a 12-month high of $14.25. The firm’s 50-day simple moving average is $7.53 and its 200 day simple moving average is $5.72. The company has a quick ratio of 0.37, a current ratio of 0.85 and a debt-to-equity ratio of 0.15. The company has a market cap of $20.57 million, a price-to-earnings ratio of -0.51 and a beta of 1.55.

S&W Seed (NASDAQ:SANW) last announced its earnings results on Tuesday, November 26th. The company reported ($2.15) earnings per share (EPS) for the quarter. S&W Seed had a negative return on equity of 48.07% and a negative net margin of 77.05%.

Insider Buying and Selling at S&W Seed

In other S&W Seed news, major shareholder Mfp Partners Lp sold 200,000 shares of the stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of $0.15, for a total value of $30,000.00. Following the transaction, the insider now owns 993,187 shares of the company’s stock, valued at approximately $148,978.05. This represents a 16.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate 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.