Sow Good (OTCMKTS:SOWG) Shares Down 11%

Sow Good Inc. (OTCMKTS:SOWGGet Rating)’s share price fell 11% during trading on Wednesday . The company traded as low as $5.00 and last traded at $5.00. 100 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 690 shares. The stock had previously closed at $5.62.

Sow Good Stock Performance

The company has a current ratio of 3.62, a quick ratio of 0.61 and a debt-to-equity ratio of 1.93. The company’s fifty day moving average price is $5.28 and its 200-day moving average price is $3.95.

Sow Good (OTCMKTS:SOWGGet Rating) last announced its earnings results on Monday, May 22nd. The company reported ($0.29) earnings per share (EPS) for the quarter. Sow Good had a negative net margin of 2,069.90% and a negative return on equity of 192.07%. The business had revenue of $0.20 million for the quarter.

Sow Good Company Profile

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Sow Good Inc provides freeze-dried snacks, smoothies, soups, and granola in the United States. The company markets its products through direct-to-consumer focused website, as well as through the business-to-business sales channel. It offers its products under the Sow Good and Sustain Us brands. The company was formerly known as Black Ridge Oil & Gas, Inc and changed its name to Sow Good Inc in January 2021.

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