Equities researchers at StockNews.com started coverage on shares of S&W Seed (NASDAQ:SANW – Get Rating) in a research report issued to clients and investors on Sunday. The firm set a “sell” rating on the stock.
Separately, Roth Capital restated a “buy” rating on shares of S&W Seed in a research report on Tuesday, October 4th.
S&W Seed Trading Down 8.7 %
Shares of SANW stock opened at $1.58 on Friday. S&W Seed has a 52-week low of $0.63 and a 52-week high of $2.73. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.40 and a current ratio of 1.06. The company has a 50-day simple moving average of $1.26 and a two-hundred day simple moving average of $1.08. The company has a market capitalization of $67.34 million, a price-to-earnings ratio of -1.84 and a beta of 1.25.
S&W Seed (NASDAQ:SANW – Get Rating) last released its earnings results on Monday, November 14th. The company reported ($0.10) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.02. S&W Seed had a negative net margin of 45.59% and a negative return on equity of 57.59%. The firm had revenue of $19.87 million during the quarter, compared to the consensus estimate of $16.00 million. During the same period in the prior year, the firm earned ($0.17) EPS. Research analysts anticipate that S&W Seed will post -0.28 EPS for the current fiscal year.
Institutional Trading of S&W Seed
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its position in S&W Seed by 8.1% during the first quarter. Dimensional Fund Advisors LP now owns 197,498 shares of the company’s stock valued at $421,000 after purchasing an additional 14,810 shares during the last quarter. First Western Trust Bank purchased a new position in S&W Seed in the 1st quarter worth about $348,000. Virtu Financial LLC purchased a new position in S&W Seed in the 1st quarter worth about $193,000. Walleye Capital LLC purchased a new position in S&W Seed during the 1st quarter valued at about $170,000. Finally, Millennium Management LLC increased its position in S&W Seed by 174.0% during the 2nd quarter. Millennium Management LLC now owns 61,717 shares of the company’s stock valued at $62,000 after purchasing an additional 39,192 shares during the period.
About S&W Seed
S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa and sorghum seeds. It also offers sunflower, stevia, camelina, wheat germplasm, wheat, and pasture seeds. The company sells its seeds to distributors and dealers in 40 countries. S&W Seed Company was founded in 1980 and is headquartered in Longmont, Colorado.