S&W Seed (NASDAQ:SANW) Coverage Initiated at StockNews.com

StockNews.com began coverage on shares of S&W Seed (NASDAQ:SANW) in a research report sent to investors on Wednesday. The firm issued a sell rating on the stock.

S&W Seed Stock Performance

Shares of SANW opened at $0.36 on Wednesday. The stock has a 50-day simple moving average of $0.34 and a 200-day simple moving average of $0.46. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.36 and a current ratio of 0.99. The stock has a market capitalization of $15.60 million, a PE ratio of -0.61 and a beta of 0.93. S&W Seed has a 1 year low of $0.24 and a 1 year high of $1.33.

S&W Seed (NASDAQ:SANW) last announced its quarterly earnings data on Tuesday, May 14th. The company reported ($0.10) earnings per share (EPS) for the quarter. The company had revenue of $18.32 million during 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 period in the previous year, the firm earned ($0.07) EPS. On average, analysts predict that S&W Seed will post -0.15 earnings per share for the current fiscal year.

Hedge Funds Weigh In On S&W Seed

A hedge fund recently raised its stake in S&W Seed stock. Wynnefield Capital Inc. grew its stake in S&W Seed (NASDAQ:SANW) by 3.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 4,070,637 shares of the company’s stock after buying an additional 139,701 shares during the quarter. S&W Seed accounts for approximately 2.1% of Wynnefield Capital Inc.’s portfolio, making the stock its 8th biggest position. Wynnefield Capital Inc. owned approximately 9.46% of S&W Seed worth $4,559,000 at the end of the most recent reporting period. Institutional investors own 61.68% of the company’s stock.

About S&W Seed

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.