S&W Seed (NASDAQ:SANW) Shares Pass Above 200-Day Moving Average – Time to Sell?

S&W Seed (NASDAQ:SANWGet Free Report) shares 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

A number of analysts have recently issued reports on SANW shares. Lake Street Capital increased their target price on 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 started coverage on S&W Seed in a report on Saturday. They set a “sell” rating for the company.

Check Out Our Latest Stock Report on S&W Seed

S&W Seed Trading Up 1.2 %

The company has a fifty day simple moving average of $8.31 and a two-hundred day simple moving average of $5.87. 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 company has a market capitalization of $17.48 million, a P/E ratio of -0.52 and a beta of 1.55.

S&W Seed (NASDAQ:SANWGet Free Report) last posted its 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 for the quarter.

Insider Activity

In other S&W Seed news, major shareholder Mfp Partners Lp sold 200,000 shares of S&W Seed stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $0.15, for a total transaction of $30,000.00. Following 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 Securities & Exchange Commission, which can be accessed through this link. 11.40% of the stock is currently owned by company insiders.

S&W Seed Company Profile

(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.

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