S&W Seed (NASDAQ:SANW) Coverage Initiated at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of S&W Seed (NASDAQ:SANW) in a research report issued to clients and investors on Monday. The firm set a “sell” rating on the stock.

S&W Seed Price Performance

SANW stock opened at $0.41 on Monday. The business has a fifty day moving average of $0.50 and a two-hundred day moving average of $0.59. The company has a quick ratio of 0.42, a current ratio of 1.04 and a debt-to-equity ratio of 0.09. The stock has a market cap of $17.60 million, a price-to-earnings ratio of 1.45 and a beta of 0.93. S&W Seed has a 52-week low of $0.37 and a 52-week high of $1.44.

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

Institutional Investors Weigh In On S&W Seed

Institutional investors have recently modified their holdings of the company. Jane Street Group LLC acquired a new stake in shares of S&W Seed in the first quarter valued at $40,000. Susquehanna International Group LLP acquired a new stake in shares of S&W Seed in the first quarter valued at $44,000. Gabelli Funds LLC grew its stake in shares of S&W Seed by 28.2% in the fourth quarter. Gabelli Funds LLC now owns 50,000 shares of the company’s stock valued at $74,000 after buying an additional 11,000 shares in the last quarter. Millennium Management LLC grew its stake in shares of S&W Seed by 174.0% in the second quarter. Millennium Management LLC now owns 61,717 shares of the company’s stock valued at $62,000 after buying an additional 39,192 shares in the last quarter. Finally, Walleye Capital LLC acquired a new stake in shares of S&W Seed in the first quarter valued at $170,000. 61.68% of the stock is owned by institutional investors and hedge funds.

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.