Closing Bell Recap: Sow Good Inc (SOWG) Ends at 4.24, Reflecting a -56.78 Downturn

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Sow Good Inc (NASDAQ: SOWG) closed the day trading at $4.24 down -56.78% from the previous closing price of $9.81. In other words, the price has decreased by -$56.78 from its previous closing price. On the day, 2.86 million shares were traded. SOWG stock price reached its highest trading level at $6.63 during the session, while it also had its lowest trading level at $3.92.

Ratios:

For a better understanding of SOWG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.30 and its Current Ratio is at 5.13. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.54.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH MKM on May 10, 2024, initiated with a Buy rating and assigned the stock a target price of $15.

On May 10, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $20.

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 43440492 and an Enterprise Value of 50492344. As of this moment, Sow’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.76, and their Forward P/E ratio for the next fiscal year is 4.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.04 while its Price-to-Book (P/B) ratio in mrq is 1.24. Its current Enterprise Value per Revenue stands at 1.213 whereas that against EBITDA is 6.203.

Stock Price History:

Over the past 52 weeks, SOWG has reached a high of $24.83, while it has fallen to a 52-week low of $6.67. The 50-Day Moving Average of the stock is -59.31%, while the 200-Day Moving Average is calculated to be -69.30%.

Shares Statistics:

Over the past 3-months, SOWG traded about 84.11K shares per day on average, while over the past 10 days, SOWG traded about 365950 shares per day. A total of 6.03M shares are outstanding, with a floating share count of 4.42M. Insiders hold about 56.84% of the company’s shares, while institutions hold 8.32% stake in the company. Shares short for SOWG as of 1730332800 were 345959 with a Short Ratio of 4.11, compared to 1727654400 on 335458. Therefore, it implies a Short% of Shares Outstanding of 345959 and a Short% of Float of 5.11.

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