S&W Seed Co. (SANW) Shares Up 2.5%
S&W Seed Co. (NASDAQ:SANW) shot up 2.5% during trading on Wednesday . The stock traded as high as $4.49 and last traded at $4.47, with a volume of 83,761 shares traded. The stock had previously closed at $4.36.
The firm’s market cap is $75.26 million. The company has a 50 day moving average of $4.38 and a 200-day moving average of $4.31.
S&W Seed Co. (NASDAQ:SANW) last announced its quarterly earnings data on Thursday, May 12th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.01) by $0.05. During the same quarter last year, the business earned $0.16 earnings per share. The firm had revenue of $25.01 million for the quarter, compared to the consensus estimate of $20.25 million. The business’s revenue for the quarter was down 18.1% compared to the same quarter last year. Equities research analysts anticipate that S&W Seed Co. will post ($0.01) earnings per share for the current fiscal year.
In other news, major shareholder Wynnefield Partners Small Cap acquired 18,038 shares of S&W Seed Co. stock in a transaction that occurred on Monday, June 27th. The shares were purchased at an average cost of $4.25 per share, for a total transaction of $76,661.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
S&W Seed Company is a producer and distributor of alfalfa seed around the world. The Company’s alfalfa seed business encompasses the production, breeding and sale of non-dormant and dormant conventional varieties, and the potential for production and sale of genetically modified organism (GMO) varieties.
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