Sow Good Inc (SOWG) stock forecast: Can it reach its 52-week high of $13.55

A share price of Sow Good Inc [SOWG] is currently trading at $0.99, up 5.12%. An important factor to consider is whether the stock is rising or falling in short-term value. The SOWG shares have gain 19.02% over the last week, with a monthly amount glided 68.72%, 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.

Sow Good Inc experienced fluctuations in its stock price throughout the past year between $0.51 and $13.55. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. Sow Good Inc [NASDAQ: SOWG] shares were valued at $0.99 at the most recent close of the market. An investor can expect a potential return of 2223.23% based on the average SOWG price forecast.

Analyzing the SOWG fundamentals

Trailing Twelve Months sales for Sow Good Inc [NASDAQ:SOWG] were 9.27M which represents -88.14% decline. Gross Profit Margin for this corporation currently stands at 0.03% with Operating Profit Margin at -1.35%, Pretax Profit Margin comes in at -1.56%, and Net Profit Margin reading is -1.54%. To continue investigating profitability, this company’s Return on Assets is posted at -0.29, Equity is -0.46 and Total Capital is -0.28. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.67.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Sow Good Inc [NASDAQ:SOWG] is 4.23. On the other hand, the Quick Ratio is 0.37, and the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 1.31, the price to book ratio is 0.42.

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.

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