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 report released on Tuesday morning. The brokerage issued a sell rating on the stock.

S&W Seed Stock Down 2.8 %

Shares of SANW opened at $0.42 on Tuesday. The stock has a market capitalization of $18.16 million, a price-to-earnings 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 50 day simple moving average is $0.48 and its 200-day simple moving average is $0.58. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.04 and a quick ratio of 0.42.

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

Hedge Funds Weigh In On S&W Seed

A hedge fund recently raised its stake in S&W Seed stock. Wynnefield Capital Inc. lifted its position in shares of S&W Seed (NASDAQ:SANW) by 3.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,070,637 shares of the company’s stock after buying an additional 139,701 shares during the quarter. S&W Seed makes up 2.1% of Wynnefield Capital Inc.’s holdings, making the stock its 8th largest holding. Wynnefield Capital Inc. owned about 9.46% of S&W Seed worth $4,559,000 at the end of the most recent quarter. Hedge funds and other 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.