S&W Seed (NASDAQ:SANW) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of S&W Seed (NASDAQ:SANW) in a report released on Tuesday morning. The brokerage issued a sell rating on the stock.

S&W Seed Trading Down 7.5 %

NASDAQ:SANW opened at $0.25 on Tuesday. The firm has a market cap of $10.64 million, a PE ratio of -0.42 and a beta of 0.93. The stock has a fifty day moving average price of $0.36 and a 200 day moving average price of $0.48. S&W Seed has a 12-month low of $0.24 and a 12-month high of $1.33. The company has a current ratio of 0.99, a quick ratio of 0.36 and a debt-to-equity ratio of 0.09.

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

Institutional Trading of S&W Seed

An institutional investor recently raised its position in S&W Seed stock. Wynnefield Capital Inc. lifted its position in shares of S&W Seed (NASDAQ:SANW) by 3.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,070,637 shares of the company’s stock after purchasing an additional 139,701 shares during the period. S&W Seed comprises about 2.1% of Wynnefield Capital Inc.’s holdings, making the stock its 8th largest position. Wynnefield Capital Inc. owned 9.46% of S&W Seed worth $4,559,000 at the end of the most recent reporting period. 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.