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

StockNews.com began coverage on shares of S&W Seed (NASDAQ:SANW) in a research note released on Monday. The brokerage issued a sell rating on the stock.

S&W Seed Price Performance

NASDAQ SANW opened at $0.42 on Monday. The stock has a market capitalization of $18.13 million, a P/E ratio of 1.50 and a beta of 0.93. S&W Seed has a 1 year low of $0.37 and a 1 year high of $1.39. The business’s fifty day moving average is $0.49 and its two-hundred day moving average is $0.59. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.42 and a current ratio of 1.04.

S&W Seed (NASDAQ:SANW) last announced its earnings results on Wednesday, February 14th. The company reported ($0.13) earnings per share (EPS) for the quarter. S&W Seed had a net margin of 18.36% and a negative return on equity of 28.69%. The firm had revenue of $10.87 million for the quarter. On average, research analysts forecast that S&W Seed will post -0.15 earnings per share for the current fiscal year.

Institutional Trading of S&W Seed

Several large investors have recently added to or reduced their stakes in SANW. Jane Street Group LLC acquired a new stake in S&W Seed during the 1st quarter valued at $40,000. Susquehanna International Group LLP acquired a new position in shares of S&W Seed in the first quarter worth $44,000. Millennium Management LLC increased its stake in shares of S&W Seed by 174.0% in the second quarter. Millennium Management LLC now owns 61,717 shares of the company’s stock worth $62,000 after acquiring an additional 39,192 shares during the last quarter. Gabelli Funds LLC increased its stake in shares of S&W Seed by 28.2% in the fourth quarter. Gabelli Funds LLC now owns 50,000 shares of the company’s stock worth $74,000 after acquiring an additional 11,000 shares during the last quarter. Finally, Captrust Financial Advisors acquired a new position in shares of S&W Seed in the fourth quarter worth $164,000. 61.68% of the stock is owned by institutional investors and hedge funds.

S&W Seed Company Profile

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.