Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Sow Good Inc (NASDAQ: SOWG) was $0.46 for the day, down -9.61% from the previous closing price of $0.51. In other words, the price has decreased by -$9.61 from its previous closing price. On the day, 74285.0 shares were traded. SOWG stock price reached its highest trading level at $0.5182 during the session, while it also had its lowest trading level at $0.4601.
Ratios:
Our analysis of SOWG’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.47 and its Current Ratio is at 4.06. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.17.
Upgrades & Downgrades
In the most recent recommendation for the company, ROTH MKM on November 15, 2024, Downgraded its rating to Neutral and sets its target price to $4 from $17 previously.
On November 15, 2024, Craig Hallum Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $4.50.
On May 10, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $15.ROTH MKM initiated its Buy rating on May 10, 2024, with a $15 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 31 ’24 when Goldfarb Ira bought 12,374 shares for $2.05 per share. The transaction valued at 25,367 led to the insider holds 552,178 shares of the business.
Goldfarb Claudia bought 12,374 shares of SOWG for $25,367 on Dec 31 ’24. The CEO now owns 548,364 shares after completing the transaction at $2.05 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SOWG now has a Market Capitalization of 5624078 and an Enterprise Value of 10054227. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 0.29. Its current Enterprise Value per Revenue stands at 1.383 whereas that against EBITDA is -0.453.
Stock Price History:
The Beta on a monthly basis for SOWG is 1.87, which has changed by -0.7829787 over the last 52 weeks, in comparison to a change of 0.14446163 over the same period for the S&P500. Over the past 52 weeks, SOWG has reached a high of $4.12, while it has fallen to a 52-week low of $0.47. The 50-Day Moving Average of the stock is -29.51%, while the 200-Day Moving Average is calculated to be -44.16%.
Shares Statistics:
SOWG traded an average of 220.18K shares per day over the past three months and 75490 shares per day over the past ten days. A total of 12.22M shares are outstanding, with a floating share count of 2.50M. Insiders hold about 79.58% of the company’s shares, while institutions hold 3.80% stake in the company. Shares short for SOWG as of 1764288000 were 421119 with a Short Ratio of 2.06, compared to 1761868800 on 526410. Therefore, it implies a Short% of Shares Outstanding of 421119 and a Short% of Float of 5.9899997.
