Sow Good (OTCMKTS:SOWG) Stock Price Down 1.4% – Here’s What Happened

Shares of Sow Good Inc. (OTCMKTS:SOWG) dropped 1.4% during mid-day trading on Friday . The company traded as low as $0.44 and last traded at $0.4535. Approximately 66,766 shares were traded during trading, a decline of 89% from the average daily volume of 587,136 shares. The stock had previously closed at $0.4601.

Sow Good Stock Down 1.4%

The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.96 and a current ratio of 1.77. The stock has a market cap of $5.54 million, a price-to-earnings ratio of -0.65 and a beta of 1.78. The business’s 50 day moving average is $0.64 and its 200 day moving average is $0.75.

Sow Good Company Profile

Sow Good Inc produces and sells freeze-dried candy, snacks, smoothies, and granola in the United States. It markets its products through direct-to-consumer focused websites, as well as through the business-to-business sales channels. The company offers its products under the Sow Good and Sustain Us brands. The company was formerly known as Black Ridge Oil & Gas, Inc and changed its name to Sow Good Inc in January 2021. Sow Good Inc was incorporated in 2010 and is based in Irving, Texas.