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

StockNews.com began coverage on shares of S&W Seed (NASDAQ:SANW) in a research report report published on Wednesday. The firm issued a sell rating on the stock.

S&W Seed Stock Performance

Shares of NASDAQ SANW opened at $0.36 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.99 and a quick ratio of 0.36. The firm has a market cap of $15.60 million, a price-to-earnings ratio of -0.61 and a beta of 0.93. The stock’s fifty day moving average price is $0.34 and its two-hundred day moving average price is $0.46. S&W Seed has a one year low of $0.24 and a one year high of $1.33.

S&W Seed (NASDAQ:SANW) last announced its earnings results on Tuesday, May 14th. The company reported ($0.10) earnings per share (EPS) for the quarter. S&W Seed had a negative net margin of 36.60% and a negative return on equity of 33.78%. The business had revenue of $18.32 million during the quarter. During the same period in the previous year, the firm posted ($0.07) earnings per share. On average, equities analysts forecast that S&W Seed will post -0.15 EPS for the current year.

Institutional Investors Weigh In On S&W Seed

An institutional investor recently raised its position in S&W Seed stock. Wynnefield Capital Inc. boosted its stake in shares of S&W Seed (NASDAQ:SANW) by 3.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,070,637 shares of the company’s stock after acquiring an additional 139,701 shares during the period. S&W Seed accounts for about 2.1% of Wynnefield Capital Inc.’s portfolio, making the stock its 8th biggest position. Wynnefield Capital Inc. owned about 9.46% of S&W Seed worth $4,559,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 61.68% of the stock is currently owned by hedge funds and other institutional investors.

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.