S&W Seed (NASDAQ:SANW) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Posted by George Bondi on Jan 5th, 2025

S&W Seed (NASDAQ:SANW – Get Free Report) crossed 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 changing hands.

Analysts Set New Price Targets

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

Get Our Latest Analysis on SANW

S&W Seed Stock Up 0.4 %

The company has a market cap of $17.47 million, a P/E ratio of -0.43 and a beta of 1.54. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.85 and a quick ratio of 0.37. The stock has a fifty day moving average price of $5.14 and a two-hundred day moving average price of $5.22.

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

Insiders Place Their Bets

In related news, major shareholder Mfp Partners Lp sold 200,000 shares of the stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $0.15, for a total transaction of $30,000.00. Following the completion of the sale, the insider now directly owns 993,187 shares of the company’s stock, valued at approximately $148,978.05. This trade represents a 16.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 11.40% of the company’s stock.

S&W Seed Company Profile

(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.