S&W Seed (NASDAQ:SANW) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of S&W Seed (NASDAQ:SANW) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.78 and traded as high as $9.22. S&W Seed shares last traded at $9.01, with a volume of 5,499 shares.

Wall Street Analysts Forecast Growth

SANW has been the topic of several research reports. Lake Street Capital boosted their price target on shares of S&W Seed from $10.00 to $35.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. StockNews.com initiated coverage on shares of S&W Seed in a research report on Thursday. They issued a “sell” rating on the stock.

S&W Seed Trading Up 2.3 %

The company has a quick ratio of 0.37, a current ratio of 0.85 and a debt-to-equity ratio of 0.15. The firm’s 50-day simple moving average is $7.74 and its 200 day simple moving average is $5.78. The stock has a market capitalization of $20.54 million, a P/E ratio of -0.51 and a beta of 1.55.

S&W Seed (NASDAQ:SANW) last issued its quarterly earnings results on Tuesday, November 26th. The company reported ($2.15) EPS 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 S&W Seed news, major shareholder Mfp Partners Lp sold 200,000 shares of the business’s stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of $0.15, for a total transaction of $30,000.00. Following the sale, the insider now owns 993,187 shares in the company, valued at approximately $148,978.05. The trade was a 16.76 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 11.40% of the company’s stock.

S&W Seed Company Profile

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.