In the last trading session, 0.2 million Sow Good Inc (NASDAQ:SOWG) shares changed hands as the company’s beta touched 1.73. With the company’s per share price at $2.36 changed hands at $0.17 or 7.76% during last session, the market valuation stood at $23.67M. SOWG’s last price was a discount, traded about -952.12% off its 52-week high of $24.83. The share price had its 52-week low at $2.10, which suggests the last value was 11.02% up since then. When we look at Sow Good Inc’s average trading volume, we note the 10-day average is 0.13 million shares, with the 3-month average coming to 162.45K.
Analysts gave the Sow Good Inc (SOWG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SOWG as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Sow Good Inc’s EPS for the current quarter is expected to be 0.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Sow Good Inc (NASDAQ:SOWG) trade information
Instantly SOWG was in green as seen at the end of in last trading. With action -5.71%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -77.01%, with the 5-day performance at -5.71% in the red. However, in the 30-day time frame, Sow Good Inc (NASDAQ:SOWG) is -41.22% down. Looking at the short shares, we see there were 0.35 million shares sold at short interest cover period of 7.03 days.
The consensus price target for the stock as assigned by Wall Street analysts is 23, meaning bulls need an upside of 89.74% from its current market value. According to analyst projections, SOWG’s forecast low is 21 with 25 as the target high. To hit the forecast high, the stock’s price needs a -959.32% plunge from its current level, while the stock would need to soar -789.83% for it to hit the projected low.
Sow Good Inc (SOWG) estimates and forecasts
Data shows that the Sow Good Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -88.01% over the past 6 months, a 69.49% in annual growth rate that is considerably higher than the industry average of 2.90%.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 5.37M. 2 analysts are of the opinion that Sow Good Inc’s revenue for the current quarter will be 5.5M. The estimates for the next quarter sales put growth at -51.78%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -22.35%. The 2024 estimates are for Sow Good Inc earnings to increase by 75.71%, but the outlook for the next 5-year period is at 20.00% per year.
SOWG Dividends
Sow Good Inc is expected to release its next quarterly earnings report in January.
Sow Good Inc (NASDAQ:SOWG)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 57.87% of Sow Good Inc shares while 8.70% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 20.65%. There are 8.70% institutions holding the Sow Good Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 3.7601% of the shares, roughly 0.25 million SOWG shares worth $4.95 million.
BARD ASSOCIATES INC holds the second largest percentage of outstanding shares, with 2.5808% or 0.17 million shares worth $3.4 million as of 2024-06-30.
