S&W Seed (NASDAQ:SANW) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Posted by Kim Johansen on Jan 5th, 2025

S&W Seed (NASDAQ:SANW – Get Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.22 and traded as high as $8.01. S&W Seed shares last traded at $7.65, with a volume of 28,879 shares traded.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Lake Street Capital boosted their price objective on S&W Seed from $10.00 to $35.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. StockNews.com assumed coverage on S&W Seed in a research report on Saturday. They set a “sell” rating on the stock.

View Our Latest Report on SANW

S&W Seed Stock Up 0.4 %

The company has a market cap of $17.47 million, a PE ratio of -0.43 and a beta of 1.54. The stock has a 50-day moving average of $5.14 and a 200-day moving average of $5.22. The company has a quick ratio of 0.37, a current ratio of 0.85 and a debt-to-equity ratio of 0.15.

S&W Seed (NASDAQ:SANW – Get Free Report) last issued its quarterly earnings results on Friday, November 1st. The company reported ($2.95) earnings per share (EPS) for the quarter. S&W Seed had a negative net margin of 77.05% and a negative return on equity of 48.07%. The business had revenue of $14.82 million for the quarter.

Insider Buying and Selling at S&W Seed

In other news, major shareholder Mfp Partners Lp sold 200,000 shares of the stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of $0.15, for a total transaction of $30,000.00. Following the transaction, the insider now directly owns 993,187 shares in the company, valued at approximately $148,978.05. This represents a 16.76 % decrease in their position. The sale 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.

About S&W Seed

(Get Free Report)

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.