Perritt Capital Management Inc Acquires 22,000 Shares of Sow Good Inc. (NASDAQ:SOWG)

Perritt Capital Management Inc grew its holdings in Sow Good Inc. (NASDAQ:SOWG) by 733.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 25,000 shares of the company’s stock after buying an additional 22,000 shares during the quarter. Perritt Capital Management Inc’s holdings in Sow Good were worth $51,000 as of its most recent filing with the SEC.

Separately, Virtu Financial LLC bought a new stake in Sow Good in the fourth quarter valued at about $35,000. 10.74% of the stock is currently owned by institutional investors and hedge funds.

Sow Good Stock Down 3.0 %

Shares of SOWG opened at $0.98 on Wednesday. The company has a 50-day moving average price of $2.41 and a two-hundred day moving average price of $5.05. The stock has a market cap of $10.04 million, a price-to-earnings ratio of 3.92 and a beta of 1.85. Sow Good Inc. has a 12 month low of $0.92 and a 12 month high of $24.83.

Sow Good (NASDAQ:SOWG) last posted its earnings results on Friday, March 21st. The company reported ($0.40) EPS for the quarter, missing the consensus estimate of ($0.21) by ($0.19). Sow Good had a return on equity of 8.15% and a net margin of 4.47%. The company had revenue of $1.38 million for the quarter, compared to the consensus estimate of $4.80 million. Equities research analysts expect that Sow Good Inc. will post -0.18 EPS for the current fiscal year.

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.