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

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

S&W Seed Stock Performance

S&W Seed stock opened at $0.43 on Tuesday. The firm’s 50 day simple moving average is $0.49 and its 200 day simple moving average is $0.58. The company has a current ratio of 1.04, a quick ratio of 0.42 and a debt-to-equity ratio of 0.09. S&W Seed has a 1-year low of $0.37 and a 1-year high of $1.39. The firm has a market capitalization of $18.57 million, a PE ratio of 1.53 and a beta of 0.93.

S&W Seed (NASDAQ:SANW) last released its quarterly earnings results on Wednesday, February 14th. The company reported ($0.13) earnings per share for the quarter. The firm had revenue of $10.87 million during the quarter. S&W Seed had a negative return on equity of 28.69% and a net margin of 18.36%. As a group, analysts expect 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. boosted its stake in S&W Seed (NASDAQ:SANW) by 3.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,070,637 shares of the company’s stock after purchasing an additional 139,701 shares during the quarter. S&W Seed comprises approximately 2.1% of Wynnefield Capital Inc.’s portfolio, making the stock its 8th biggest holding. Wynnefield Capital Inc. owned approximately 9.46% of S&W Seed worth $4,559,000 as of its most recent SEC filing. 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.