S&W Seed (NASDAQ:SANW) Coverage Initiated by Analysts at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of S&W Seed (NASDAQ:SANW) in a research report issued on Thursday. The firm set a “sell” rating on the stock.

S&W Seed Price Performance

Shares of NASDAQ:SANW opened at $0.41 on Thursday. The company has a 50 day moving average of $0.44 and a 200 day moving average of $0.55. The company has a current ratio of 1.04, a quick ratio of 0.42 and a debt-to-equity ratio of 0.09. The stock has a market cap of $17.59 million, a P/E ratio of 1.45 and a beta of 0.95. S&W Seed has a 12 month low of $0.37 and a 12 month high of $1.36.

S&W Seed (NASDAQ:SANW) last released its quarterly earnings results on Wednesday, February 14th. The company reported ($0.13) EPS for the quarter. S&W Seed had a net margin of 18.36% and a negative return on equity of 28.69%. The firm had revenue of $10.87 million for the quarter. As a group, sell-side analysts forecast that S&W Seed will post -0.15 EPS for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in S&W Seed stock. Wynnefield Capital Inc. grew its stake in S&W Seed (NASDAQ:SANW) by 3.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,070,637 shares of the company’s stock after buying an additional 139,701 shares during the period. S&W Seed makes up about 2.1% of Wynnefield Capital Inc.’s holdings, making the stock its 8th biggest holding. Wynnefield Capital Inc. owned 9.46% of S&W Seed worth $4,559,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 61.68% 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.