Sow Good Inc (NASDAQ: SOWG) is -64.88% lower on its value in year-to-date trading and has touched a low of $3.36 and a high of $24.83 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SOWG stock was last observed hovering at around $3.59 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $3.53, the stock is -48.24% and -61.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing -1.67% at the moment leaves the stock -74.09% off its SMA200. SOWG registered -45.69% loss for a year compared to 6-month loss of -80.77%. The firm has a 50-day simple moving average (SMA 50) of $9.293 and a 200-day simple moving average (SMA200) of $13.6317.
The stock witnessed a -62.96% gain in the last 1 month and extending the period to 3 months gives it a -72.12%, and is -2.22% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.48% over the week and 11.75% over the month.
Sow Good Inc (SOWG) has around 225 employees, a market worth around $36.17M and $40.13M in sales. Current P/E ratio is 13.78. Profit margin for the company is 4.47%. Distance from 52-week low is 5.06% and -85.78% from its 52-week high. The company has generated returns on investments over the last 12 months (3.66%).
The EPS is expected to grow by 75.71% this year
24.0 institutions hold shares in Sow Good Inc (SOWG), with institutional investors hold 20.65% of the company’s shares. The shares outstanding are 6.03M, and float is at 3.82M with Short Float at 15.99%. Institutions hold 8.70% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 0.25 million shares valued at $4.95 million. The investor’s holdings represent 3.7601 of the SOWG Shares outstanding. As of 2024-06-30, the second largest holder is BARD ASSOCIATES INC with 0.17 million shares valued at $3.4 million to account for 2.5808 of the shares outstanding. The other top investors are MARSHALL WACE, LLP which holds 91205.0 shares representing 1.387 and valued at over $1.83 million, while ACCREDITED INVESTORS INC. holds 1.3593 of the shares totaling 89379.0 with a market value of $1.79 million.
