S&W Seed (NASDAQ:SANW) released its quarterly earnings results on Thursday. The company reported $0.02 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.08, MarketWatch Earnings reports. The company had revenue of $26.12 million for the quarter, compared to analysts’ expectations of $15.00 million. S&W Seed had a negative return on equity of 6.13% and a negative net margin of 7.37%.
NASDAQ:SANW traded down $0.06 during midday trading on Friday, hitting $3.03. 5,813 shares of the stock were exchanged, compared to its average volume of 24,160. S&W Seed has a one year low of $2.35 and a one year high of $4.40. The stock has a market cap of $79.27 million, a price-to-earnings ratio of -13.77 and a beta of -0.55. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.00 and a quick ratio of 0.46.
Separately, B. Riley cut their price target on S&W Seed from $4.50 to $4.00 and set a “buy” rating on the stock in a report on Monday, September 24th.
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S&W Seed Company Profile
S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa seeds. The company sells its seeds to distributors and dealers in approximately 30 countries worldwide. S&W Seed Company was founded in 1980 and is headquartered in Sacramento, California.
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