S&W Seed (NASDAQ:SANW) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Shares of S&W Seed (NASDAQ:SANWGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $5.86 and traded as high as $8.49. S&W Seed shares last traded at $8.15, with a volume of 4,643 shares changing hands.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Lake Street Capital boosted their target price on shares of S&W Seed from $10.00 to $35.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. StockNews.com assumed coverage on shares of S&W Seed in a report on Saturday. They issued a “sell” rating on the stock.

Check Out Our Latest Research Report on S&W Seed

S&W Seed Trading Up 1.2 %

The firm has a market cap of $17.48 million, a price-to-earnings ratio of -0.52 and a beta of 1.55. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.03 and a quick ratio of 0.40. The firm’s fifty day moving average is $8.31 and its 200-day moving average is $5.87.

S&W Seed (NASDAQ:SANWGet Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported ($2.05) earnings per share for the quarter. S&W Seed had a negative net margin of 76.30% and a negative return on equity of 51.47%. The company had revenue of $5.08 million during the quarter.

Insider Buying and Selling at S&W Seed

In other S&W Seed news, major shareholder Mfp Partners Lp sold 200,000 shares of S&W Seed stock in a transaction on Thursday, December 19th. The shares were sold at an average price of $0.15, for a total value of $30,000.00. Following the completion of the sale, the insider now directly owns 993,187 shares of the company’s stock, valued at approximately $148,978.05. The trade was a 16.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 11.40% of the company’s stock.

About S&W Seed

(Get Free Report)

S&W Seed Co engages in the breeding, production, and sale of stevia and alfalfa seeds. The company was founded in 1980 and is headquartered in Longmont, CO.

Further Reading

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