Sow Good (NASDAQ:SOWG) Stock Price Down 7.1% – Here’s What Happened

Sow Good Inc. (NASDAQ:SOWG)’s stock price dropped 7.1% during mid-day trading on Tuesday . The company traded as low as $0.2320 and last traded at $0.3380. Approximately 583,720 shares were traded during trading, an increase of 650% from the average daily volume of 77,786 shares. The stock had previously closed at $0.3637.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Sow Good in a research report on Monday. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Sow Good Trading Down 7.1%

The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.47 and a current ratio of 4.06. The company’s 50-day moving average price is $0.62 and its 200-day moving average price is $0.75. The firm has a market capitalization of $4.13 million, a PE ratio of -0.18 and a beta of 1.78.

Sow Good Company Profile

Sow Good Inc is engaged in producing nutritious products in the freeze-dried food industry. Sow Good Inc, formerly known as Black Ridge Oil and Gas Inc, is based in IRVING, Texas.