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

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

Separately, TheStreet cut shares of S&W Seed from a c- rating to a d+ rating in a research note on Friday, October 27th.

S&W Seed Price Performance

Shares of S&W Seed stock opened at $0.68 on Wednesday. The stock has a market cap of $29.27 million, a P/E ratio of 2.34 and a beta of 1.25. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.55 and a current ratio of 1.12. The stock’s fifty day moving average is $0.79 and its 200 day moving average is $1.02. S&W Seed has a one year low of $0.61 and a one year high of $2.14.

S&W Seed (NASDAQ:SANW) last announced its quarterly earnings data on Wednesday, September 27th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.04). S&W Seed had a net margin of 18.50% and a negative return on equity of 30.08%. The business had revenue of $23.06 million during the quarter, compared to analysts’ expectations of $18.00 million. During the same quarter in the previous year, the firm earned ($0.27) earnings per share. Sell-side analysts anticipate that S&W Seed will post -0.15 earnings per share for the current year.

Institutional Trading of S&W Seed

Several hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP increased its position in S&W Seed by 8.1% in the first quarter. Dimensional Fund Advisors LP now owns 197,498 shares of the company’s stock worth $421,000 after purchasing an additional 14,810 shares during the last quarter. First Western Trust Bank bought a new stake in S&W Seed during the 1st quarter valued at $348,000. Jane Street Group LLC purchased a new position in S&W Seed during the first quarter valued at approximately $40,000. Virtu Financial LLC bought a new stake in S&W Seed during the first quarter valued at about $193,000. Finally, Walleye Capital LLC purchased a new position in S&W Seed in the first quarter worth $170,000.

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.