Sow Good (NASDAQ:SOWG) Stock Price Down 3.3% – Should You Sell?

Sow Good Inc. (NASDAQ:SOWG)’s share price traded down 3.3% during trading on Wednesday . The company traded as low as $2.39 and last traded at $2.60. 28,773 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 177,584 shares. The stock had previously closed at $2.69.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Sow Good from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Sow Good Price Performance

The stock’s 50-day moving average is $2.11 and its 200-day moving average is $5.63. The firm has a market cap of $67.40 million, a P/E ratio of -0.14 and a beta of 1.39. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.11.

Sow Good (NASDAQ:SOWG) last issued its quarterly earnings results on Wednesday, May 20th. The company reported ($0.13) earnings per share for the quarter. Sow Good had a negative net margin of 300.71% and a negative return on equity of 78.61%.

About Sow Good

Sow Good Inc is engaged in producing nutritious products in the freeze-dried food industry. Sow Good Inc, formerly known as Black Ridge Oil and Gas Inc, is based in IRVING, Texas.