Stran & Company, Inc. (NASDAQ:SWAG) Trading Up 1.5% – Time to Buy?

Stran & Company, Inc. (NASDAQ:SWAG)’s share price was up 1.5% on Friday . The stock traded as high as $1.75 and last traded at $1.69. Approximately 106,394 shares changed hands during trading, a decline of 31% from the average daily volume of 153,364 shares. The stock had previously closed at $1.67.

Stran & Company, Inc. Stock Performance

The company has a 50-day simple moving average of $1.51 and a two-hundred day simple moving average of $1.25. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.63 and a current ratio of 1.88. The firm has a market capitalization of $31.36 million, a P/E ratio of -13.00 and a beta of 2.12.

Stran & Company, Inc. (NASDAQ:SWAG) last posted its quarterly earnings data on Tuesday, August 12th. The company reported $0.03 earnings per share for the quarter. The business had revenue of $32.58 million for the quarter. Stran & Company, Inc. had a negative return on equity of 7.47% and a negative net margin of 2.19%.

Institutional Trading of Stran & Company, Inc.

An institutional investor recently bought a new position in Stran & Company, Inc. stock. Mink Brook Asset Management LLC purchased a new position in Stran & Company, Inc. (NASDAQ:SWAG) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 86,772 shares of the company’s stock, valued at approximately $125,000. Mink Brook Asset Management LLC owned approximately 0.47% of Stran & Company, Inc. as of its most recent SEC filing. 56.42% of the stock is currently owned by hedge funds and other institutional investors.

Stran & Company, Inc. Company Profile

Stran & Co, Inc engages in the provision of promotional marketing and branded merchandise services. It offers promotional product, custom manufacturing, custom packaging, warehousing, and program management. The company was founded by Andrew Shape and Andrew Stranberg in 1994 and is headquartered in Quincy, MA.