S&W Seed (NASDAQ:SANW) Earns Sell Rating from Analysts at StockNews.com

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

S&W Seed Stock Performance

NASDAQ:SANW opened at $0.33 on Friday. S&W Seed has a 1-year low of $0.31 and a 1-year high of $1.33. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.99 and a quick ratio of 0.36. The firm’s fifty day moving average price is $0.42 and its 200 day moving average price is $0.52. The firm has a market cap of $14.26 million, a price-to-earnings ratio of -0.56 and a beta of 0.95.

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

Institutional Trading of S&W Seed

An institutional investor recently raised its position in S&W Seed stock. Wynnefield Capital Inc. grew its holdings in shares of S&W Seed (NASDAQ:SANW) by 3.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,070,637 shares of the company’s stock after buying an additional 139,701 shares during the quarter. S&W Seed accounts for 2.1% of Wynnefield Capital Inc.’s portfolio, making the stock its 8th largest position. Wynnefield Capital Inc. owned about 9.46% of S&W Seed worth $4,559,000 as of its most recent SEC filing. 61.68% of the stock is 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.