Weiss Ratings Reaffirms “Sell (D-)” Rating for Stran & Company, Inc. (NASDAQ:SWAG)

Stran & Company, Inc. (NASDAQ:SWAG)‘s stock had its “sell (d-)” rating restated by investment analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Stran & Company, Inc. Stock Up 0.5%

SWAG stock opened at $1.85 on Wednesday. The company has a current ratio of 1.88, a quick ratio of 1.63 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $34.33 million, a PE ratio of -14.23 and a beta of 2.11. Stran & Company, Inc. has a 1-year low of $0.73 and a 1-year high of $2.04. The business’s 50 day simple moving average is $1.69 and its 200 day simple moving average is $1.39.

Stran & Company, Inc. (NASDAQ:SWAG) last posted its earnings results 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 Inflows and Outflows

An institutional investor recently bought a new position in Stran & Company, Inc. stock. Mink Brook Asset Management LLC purchased a new stake in Stran & Company, Inc. (NASDAQ:SWAG) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 86,772 shares of the company’s stock, valued at approximately $125,000. Mink Brook Asset Management LLC owned 0.47% of Stran & Company, Inc. at the end of the most recent reporting period. 56.42% of the stock is currently owned by institutional investors and hedge funds.

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.