S&W Seed (NASDAQ:SANW) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

S&W Seed (NASDAQ:SANW) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred 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 changing hands.

Analyst Ratings Changes

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

S&W Seed Trading 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 business’s 50-day moving average is $5.14 and its 200 day moving average is $5.22. The firm has a market capitalization of $17.47 million, a P/E ratio of -0.43 and a beta of 1.54.

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

Insider Buying and Selling at S&W Seed

In other news, major shareholder Mfp Partners Lp sold 200,000 shares of the company’s stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of $0.15, for a total transaction of $30,000.00. Following the completion of the sale, 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 position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 11.40% of the company’s stock.

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.