S&W Seed (NASDAQ:SANW)‘s stock had its “buy” rating restated by investment analysts at National Securities in a research note issued on Thursday, AnalystRatings.com reports. They currently have a $6.00 target price on the stock. National Securities’ target price would suggest a potential upside of 164.32% from the stock’s previous close.
Several other research firms have also issued reports on SANW. B. Riley restated a “buy” rating and issued a $4.60 price target on shares of S&W Seed in a research report on Tuesday. Zacks Investment Research downgraded shares of S&W Seed from a “strong-buy” rating to a “hold” rating in a report on Saturday, November 23rd. Finally, ValuEngine downgraded shares of S&W Seed from a “buy” rating to a “hold” rating in a report on Tuesday, February 4th.
NASDAQ SANW opened at $2.27 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.16 and a quick ratio of 0.43. The firm has a market capitalization of $72.94 million, a price-to-earnings ratio of -5.16 and a beta of 0.54. The company’s fifty day moving average is $2.18 and its two-hundred day moving average is $2.35. S&W Seed has a 52-week low of $1.91 and a 52-week high of $3.20.
Several large investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC raised its stake in shares of S&W Seed by 95.3% in the fourth quarter. Renaissance Technologies LLC now owns 50,987 shares of the company’s stock worth $107,000 after acquiring an additional 24,883 shares during the last quarter. Cutter & CO Brokerage Inc. raised its stake in shares of S&W Seed by 3.6% in the fourth quarter. Cutter & CO Brokerage Inc. now owns 1,246,709 shares of the company’s stock worth $2,618,000 after acquiring an additional 43,297 shares during the last quarter. Koshinski Asset Management Inc. bought a new position in shares of S&W Seed in the fourth quarter worth about $462,000. Shufro Rose & Co. LLC raised its stake in shares of S&W Seed by 34.5% in the fourth quarter. Shufro Rose & Co. LLC now owns 58,500 shares of the company’s stock worth $123,000 after acquiring an additional 15,000 shares during the last quarter. Finally, Fairpointe Capital LLC raised its stake in shares of S&W Seed by 14.0% in the third quarter. Fairpointe Capital LLC now owns 407,048 shares of the company’s stock worth $969,000 after acquiring an additional 50,000 shares during the last quarter. 76.30% of the stock is owned by institutional investors.
About S&W Seed
S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa seeds. The company sells its seeds to distributors and dealers in approximately 30 countries worldwide. S&W Seed Company was founded in 1980 and is headquartered in Sacramento, California.
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