Sow Good (OTCMKTS:SOWG) Stock Price Up 1.4%

Sow Good Inc. (OTCMKTS:SOWG) rose 1.4% during trading on Monday . The company traded as high as $21.62 and last traded at $21.00. Approximately 157,528 shares were traded during trading, an increase of 275% from the average daily volume of 42,059 shares. The stock had previously closed at $20.72.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on SOWG shares. Craig Hallum initiated coverage on shares of Sow Good in a report on Friday, May 10th. They set a “buy” rating and a $20.00 price objective on the stock. Roth Mkm started coverage on shares of Sow Good in a report on Friday, May 10th. They issued a “buy” rating and a $15.00 price target on the stock.

Sow Good Stock Performance

The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.96 and a current ratio of 1.77. The company has a market capitalization of $195.33 million, a PE ratio of -55.03 and a beta of 2.02. The company has a 50 day moving average price of $17.12 and a 200 day moving average price of $12.41.

Sow Good (OTCMKTS:SOWG) last posted its quarterly earnings results on Wednesday, May 15th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.08. The firm had revenue of $11.41 million for the quarter, compared to analysts’ expectations of $11.00 million. Sow Good had a negative net margin of 19.05% and a negative return on equity of 91.69%.

About Sow Good

Sow Good Inc produces and sells freeze-dried candy, snacks, smoothies, and granola in the United States. It markets its products through direct-to-consumer focused websites, as well as through the business-to-business sales channels. The company offers its products under the Sow Good and Sustain Us brands.