S&W Seed Company (SANW)

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

Shares of S&W Seed (NASDAQ:SANW – Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.56 and traded as high as $9.38. S&W Seed shares last traded at $9.29, with a volume of 3,884 shares. Analysts Set New Price Targets Several brokerages recently issued reports on SANW. StockNews.com began coverage on S&W Seed in a report on Tuesday. They set a “sell” rating for the company. Lake Street Capital lifted their price objective on S&W Seed from $10.00 to $35.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Check Out Our Latest Stock Analysis on S&W Seed S&W Seed Stock Down 1.1 % 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 firm has a 50-day simple moving average of $7.13 and a two-hundred day simple moving average of $5.56. The company has a market cap of $21.22 million, a PE ratio of -0.52 and a beta of 1.54. S&W Seed (NASDAQ:SANW – Get Free Report) last released its quarterly earnings results on Tuesday, November 26th. The company reported ($2.15) earnings per share for the quarter. S&W Seed had a negative return on equity of 48.07% and a negative net margin of 77.05%. Insiders Place Their Bets In other news, major shareholder Mfp Partners Lp sold 200,000 shares of S&W Seed stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $0.15, for a total value of $30,000.00. Following the completion of the sale, the insider now owns 993,187 shares of the company’s stock, valued at $148,978.05. The trade was a 16.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 11.40% of the stock is currently owned by company insiders. About S&W Seed (Get Free Report) S&W Seed Co engages in the breeding, production, and sale of stevia and alfalfa seeds. The company was founded in 1980 and is headquartered in Longmont, CO.