Sow Good Inc [SOWG] stock prices are up 7.79% to $0.87 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SOWG shares have gain 8.62% over the last week, with a monthly amount glided 9.54%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Sow Good Inc [NASDAQ: SOWG] stock has seen the most recent analyst activity on November 15, 2024, when ROTH MKM downgraded its rating to a Neutral and also revised its price target to $4 from $17. Previously, Craig Hallum downgraded its rating to Hold on November 15, 2024, and kept the price target unchanged to $4.50. On May 10, 2024, ROTH MKM initiated with a Buy rating and assigned a price target of $15 on the stock. Craig Hallum started tracking the stock assigning a Buy rating and suggested a price target of $20 on May 10, 2024.
The stock price of Sow Good Inc [SOWG] has been fluctuating between $0.52 and $20.69 over the past year. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. Sow Good Inc [NASDAQ: SOWG] shares were valued at $0.87 at the most recent close of the market. An investor can expect a potential return of 2543.68% based on the average SOWG price forecast.
Analyzing the SOWG fundamentals
The Sow Good Inc [NASDAQ:SOWG] reported sales of 23.06M for trailing twelve months, representing a drop of -78.28%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at -0.15%, Pretax Profit Margin comes in at -0.29%, and Net Profit Margin reading is -0.29%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is -0.21 and Total Capital is -0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.65.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.7952 points at the first support level, and at 0.7214 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9464, and for the 2nd resistance point, it is at 1.0238.
Ratios To Look Out For
It’s worth pointing out that Sow Good Inc [NASDAQ:SOWG]’s Current Ratio is 3.65. In addition, the Quick Ratio stands at 0.50 and the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 0.43, the price to book ratio is 0.32.
Transactions by insiders
Recent insider trading involved Goldfarb Ira, Executive Chairman, that happened on Dec 31 ’24 when 12374.0 shares were purchased. CEO, Goldfarb Claudia completed a deal on Dec 31 ’24 to buy 12374.0 shares.
