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 report published on Wednesday. The firm issued a sell rating on the stock.

S&W Seed Price Performance

S&W Seed stock opened at $0.36 on Wednesday. S&W Seed has a fifty-two week low of $0.24 and a fifty-two week high of $1.33. The stock has a market cap of $15.60 million, a PE ratio of -0.61 and a beta of 0.93. The firm’s 50-day simple moving average is $0.34 and its 200 day simple moving average is $0.46. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.36 and a current ratio of 0.99.

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

Hedge Funds Weigh In On S&W Seed

An institutional investor recently raised its position in S&W Seed stock. Wynnefield Capital Inc. raised its position in shares of S&W Seed (NASDAQ:SANW) by 3.6% in the 3rd quarter, according to its most recent 13F filing 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 period. S&W Seed comprises about 2.1% of Wynnefield Capital Inc.’s investment portfolio, making the stock its 8th biggest holding. Wynnefield Capital Inc. owned approximately 9.46% of S&W Seed worth $4,559,000 at the end of the most recent reporting period. 61.68% of the stock is currently owned by institutional investors and hedge funds.

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.