Sow Good Inc (NASDAQ: SOWG) has seen a decline in its stock price by -55.86 in relation to its previous close of 9.81. However, the company has experienced a -58.76% decline in its stock price over the last five trading sessions. zacks.com reported 2024-11-14 that Sow Good Inc. (SOWG) came out with a quarterly loss of $0.33 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to earnings of $0.04 per share a year ago.
Is It Worth Investing in Sow Good Inc (NASDAQ: SOWG) Right Now?
The price-to-earnings ratio for Sow Good Inc (NASDAQ: SOWG) is above average at 6.90x, Company’s 36-month beta value is 1.87.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for SOWG is 4.42M, and currently, short sellers hold a 7.83% ratio of that floaft. The average trading volume of SOWG on November 14, 2024 was 84.11K shares.
SOWG’s Market Performance
SOWG’s stock has seen a -58.76% decrease for the week, with a -60.28% drop in the past month and a -71.85% fall in the past quarter. The volatility ratio for the week is 8.43%, and the volatility levels for the past 30 days are at 6.25% for Sow Good Inc The simple moving average for the past 20 days is -55.18% for SOWG’s stock, with a -68.65% simple moving average for the past 200 days.
Analysts’ Opinion of SOWG
Many brokerage firms have already submitted their reports for SOWG stocks, with ROTH MKM repeating the rating for SOWG by listing it as a “Buy.” The predicted price for SOWG in the upcoming period, according to ROTH MKM is $15 based on the research report published on May 10, 2024 of the current year 2024.
Craig Hallum, on the other hand, stated in their research note that they expect to see SOWG reach a price target of $20. The rating they have provided for SOWG stocks is “Buy” according to the report published on May 10th, 2024.
SOWG Trading at -58.46% from the 50-Day Moving Average
After a stumble in the market that brought SOWG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -82.56% of loss for the given period.
Volatility was left at 6.25%, however, over the last 30 days, the volatility rate increased by 8.43%, as shares sank -52.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -55.91% lower at present.
During the last 5 trading sessions, SOWG fell by -52.38%, which changed the moving average for the period of 200-days by -39.02% in comparison to the 20-day moving average, which settled at $9.69. In addition, Sow Good Inc saw -56.92% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SOWG
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.47 for the gross margin
The net margin for Sow Good Inc stands at 0.13. The total capital return value is set at 0.15. Equity return is now at value 30.76, with 16.02 for asset returns.
Based on Sow Good Inc (SOWG), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at -1.04. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is 5.27.
Currently, EBITDA for the company is -0.76 million with net debt to EBITDA at 0.81. When we switch over and look at the enterprise to sales, we see a ratio of 1.28. The receivables turnover for the company is 6.71for trailing twelve months and the total asset turnover is 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.13.
Conclusion
In a nutshell, Sow Good Inc (SOWG) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
