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

S&W Seed (NASDAQ:SANW)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.56 and traded as high as $9.38. S&W Seed shares last traded at $9.29, with a volume of 3,884 shares changing hands.

Analysts Set New Price Targets

SANW has been the subject of a number of recent analyst reports. StockNews.com assumed coverage on S&W Seed in a research report on Tuesday. They issued 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 report on Tuesday, November 26th.

S&W Seed Stock Performance

The stock has a 50-day simple moving average of $7.13 and a 200-day simple moving average of $5.56. 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 stock has a market cap of $21.22 million, a PE ratio of -0.52 and a beta of 1.54.

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

Insiders Place Their Bets

In other S&W Seed news, major shareholder Mfp Partners Lp sold 200,000 shares of the business’s stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of $0.15, for a total transaction of $30,000.00. Following the transaction, the insider now owns 993,187 shares in the company, valued at $148,978.05. The trade was a 16.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 11.40% of the stock is currently owned by insiders.

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.