StockNews.com Initiates Coverage on S&W Seed (NASDAQ:SANW)

Equities researchers at StockNews.com assumed coverage on shares of S&W Seed (NASDAQ:SANW) in a report issued on Thursday. The firm set a “sell” rating on the stock.

S&W Seed Trading Down 4.5 %

Shares of S&W Seed stock opened at $0.41 on Thursday. S&W Seed has a fifty-two week low of $0.37 and a fifty-two week high of $1.36. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.42 and a current ratio of 1.04. The company has a market capitalization of $17.59 million, a P/E ratio of 1.45 and a beta of 0.95. The company has a fifty day moving average of $0.44 and a 200 day moving average of $0.55.

S&W Seed (NASDAQ:SANW) last released its quarterly earnings data on Wednesday, February 14th. The company reported ($0.13) earnings per share for the quarter. S&W Seed had a negative return on equity of 28.69% and a net margin of 18.36%. The business had revenue of $10.87 million during the quarter. On average, sell-side analysts anticipate that S&W Seed will post -0.15 earnings per share for the current fiscal year.

Institutional Trading of S&W Seed

A hedge fund recently raised its stake in S&W Seed stock. Wynnefield Capital Inc. lifted its position in S&W Seed (NASDAQ:SANW) by 3.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,070,637 shares of the company’s stock after purchasing an additional 139,701 shares during the quarter. S&W Seed comprises about 2.1% of Wynnefield Capital Inc.’s investment portfolio, making the stock its 8th biggest position. Wynnefield Capital Inc. owned about 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.