S&W Seed (NASDAQ:SANW) Issues Quarterly Earnings Results

S&W Seed (NASDAQ:SANW) posted its quarterly earnings results on Thursday. The company reported ($2.05) earnings per share for the quarter, Zacks reports. S&W Seed had a negative net margin of 77.05% and a negative return on equity of 48.07%.

S&W Seed Stock Performance

Shares of SANW stock traded down $0.68 during trading on Thursday, reaching $8.34. 10,288 shares of the company’s stock traded hands, compared to its average volume of 11,928. The firm’s 50-day moving average is $7.74 and its 200 day moving average is $5.78. The company has a market capitalization of $19.00 million, a P/E ratio of -0.47 and a beta of 1.55. The company has a current ratio of 0.85, a quick ratio of 0.37 and a debt-to-equity ratio of 0.15. S&W Seed has a 1 year low of $2.10 and a 1 year high of $14.25.

Analyst Upgrades and Downgrades

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

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 dated Thursday, December 19th. The stock was sold at an average price of $0.15, for a total transaction of $30,000.00. Following the completion of the sale, the insider now owns 993,187 shares of the company’s stock, valued at $148,978.05. The trade was a 16.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 11.40% of the company’s stock.

S&W Seed Company Profile

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.