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

Equities researchers at StockNews.com began coverage on shares of S&W Seed (NASDAQ:SANW) in a report issued on Monday. The brokerage set a “sell” rating on the stock.

S&W Seed Stock Down 1.9 %

Shares of NASDAQ SANW opened at $0.41 on Monday. S&W Seed has a 12-month low of $0.37 and a 12-month high of $1.44. The company has a market cap of $17.60 million, a P/E ratio of 1.45 and a beta of 0.93. The company has a current ratio of 1.04, a quick ratio of 0.42 and a debt-to-equity ratio of 0.09. The stock has a fifty day moving average price of $0.50 and a 200 day moving average price of $0.59.

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

Institutional Trading of S&W Seed

Several large investors have recently modified their holdings of SANW. Jane Street Group LLC acquired a new stake in shares of S&W Seed during the first quarter valued at about $40,000. Susquehanna International Group LLP acquired a new stake in shares of S&W Seed during the first quarter valued at about $44,000. Millennium Management LLC grew its stake in shares of S&W Seed by 174.0% during the second quarter. Millennium Management LLC now owns 61,717 shares of the company’s stock valued at $62,000 after acquiring an additional 39,192 shares in the last quarter. Gabelli Funds LLC lifted its position in shares of S&W Seed by 28.2% during the fourth quarter. Gabelli Funds LLC now owns 50,000 shares of the company’s stock worth $74,000 after purchasing an additional 11,000 shares during the last quarter. Finally, Captrust Financial Advisors bought a new position in shares of S&W Seed during the fourth quarter worth about $164,000. 61.68% of the stock is currently owned by institutional investors and hedge funds.

S&W Seed Company Profile

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.