Sow Good (NASDAQ:SOWG) Cut to Neutral at Roth Mkm

Roth Mkm lowered shares of Sow Good (NASDAQ:SOWG) from a buy rating to a neutral rating in a research report report published on Friday, MarketBeat.com reports. They currently have $4.00 price objective on the stock, down from their previous price objective of $17.00.

Sow Good Trading Down 11.3 %

SOWG stock opened at $3.76 on Friday. Sow Good has a 1-year low of $3.75 and a 1-year high of $24.83. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.30 and a current ratio of 5.13. The stock has a 50-day simple moving average of $10.27. The company has a market cap of $38.50 million, a price-to-earnings ratio of 15.04 and a beta of 1.96.

Institutional Trading of Sow Good

Several hedge funds have recently modified their holdings of the stock. Accredited Investors Inc. boosted its stake in Sow Good by 181.2% during the third quarter. Accredited Investors Inc. now owns 251,373 shares of the company’s stock worth $2,939,000 after acquiring an additional 161,994 shares in the last quarter. Bard Associates Inc. boosted its position in shares of Sow Good by 43.3% during the 3rd quarter. Bard Associates Inc. now owns 243,145 shares of the company’s stock worth $2,842,000 after purchasing an additional 73,445 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of Sow Good in the 2nd quarter valued at about $1,826,000. Abound Wealth Management bought a new stake in Sow Good in the 2nd quarter valued at about $33,000. Finally, Perritt Capital Management Inc acquired a new position in Sow Good during the 2nd quarter worth approximately $60,000. Institutional investors own 10.74% of the company’s stock.

About Sow Good

Sow Good Inc is engaged in producing nutritious products in the freeze-dried food industry. Sow Good Inc, formerly known as Black Ridge Oil and Gas Inc, is based in IRVING, Texas.