Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Sow Good Inc shares valued at $25,367 were purchased by Goldfarb Ira on Dec 31 ’24. At $2.05 per share, Goldfarb Ira acquired 12,374 shares. The insider’s holdings grew to 552,178 shares worth approximately $1.51 million following the completion of this transaction.
Also, Goldfarb Claudia purchased 12,374 shares, netting a total of over 25,367 in proceeds. Following the buying of shares at $2.05 each, the insider now holds 548,364 shares.
As published in a research note from ROTH MKM on November 15, 2024, Sow Good Inc [SOWG] has been rated down from a Buy to a Neutral and the price target has been revised to $4 from $17. Analysts at Craig Hallum downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid November. As of May 10, 2024, ROTH MKM has initiated its “Buy” rating for SOWG. Earlier on May 10, 2024, Craig Hallum initiated its rating. Their recommendation was “a Buy” for SOWG stock.
Analyzing SOWG Stock Performance
During the last five days, there has been a surge of approximately 33.82%. Over the course of the year, Sow Good Inc shares have jumped approximately 33.82%. Shares of the company reached a 52-week high of $4.12 on 01/03/25 and a 52-week low of $2.20 on 01/02/25. A 50-day SMA is recorded $4.78, while a 200-day SMA reached $12.88. Nevertheless, trading volume fell to 0.22 million shares from 74900.0 shares the previous day.
Support And Resistance Levels for Sow Good Inc (SOWG)
According to the 24-hour chart, there is a support level at 2.49, which, if violated, would cause prices to drop to 2.25. In the upper region, resistance lies at 3.04. The next price resistance is at 3.36. RSI (Relative Strength Index) is 41.95 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.51, which suggests the price will decrease in the coming days. Percent R is at 64.95%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
