S&W Seed (NASDAQ:SANW) Short Interest Update

S&W Seed (NASDAQ:SANW) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totalling 28,800 shares, a drop of 68.2% from the June 30th total of 90,500 shares. Based on an average trading volume of 81,500 shares, the days-to-cover ratio is presently 0.4 days.

S&W Seed Stock Performance

SANW stock remained flat at $0.40 during mid-day trading on Friday. 102,192 shares of the company’s stock traded hands, compared to its average volume of 91,019. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.99 and a quick ratio of 0.36. S&W Seed has a 52-week low of $0.24 and a 52-week high of $1.26. The stock has a market capitalization of $17.34 million, a price-to-earnings ratio of -0.68 and a beta of 1.00. The stock’s 50 day moving average is $0.31 and its two-hundred day moving average is $0.43.

S&W Seed (NASDAQ:SANW) last announced its quarterly earnings results on Tuesday, May 14th. The company reported ($0.10) earnings per share (EPS) for the quarter. The company had revenue of $18.32 million for the quarter. S&W Seed had a negative net margin of 36.60% and a negative return on equity of 33.78%. During the same quarter in the previous year, the business earned ($0.07) earnings per share. As a group, equities analysts expect that S&W Seed will post -0.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of S&W Seed in a report on Saturday, July 20th. They issued a “sell” rating on the stock.

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.