Stran & Company, Inc. (NASDAQ:SWAG) Trading Up 3.2% – What’s Next?

Stran & Company, Inc. (NASDAQ:SWAG)’s share price was up 3.2% during mid-day trading on Wednesday . The company traded as high as $1.94 and last traded at $1.92. Approximately 75,780 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 697,249 shares. The stock had previously closed at $1.86.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Stran & Company, Inc. in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Stran & Company, Inc. currently has an average rating of “Sell”.

Stran & Company, Inc. Stock Up 3.2%

The company has a debt-to-equity ratio of 0.02, a current ratio of 2.27 and a quick ratio of 1.82. The stock’s fifty day simple moving average is $1.97 and its 200-day simple moving average is $1.68. The stock has a market cap of $35.12 million, a P/E ratio of -21.33 and a beta of 2.12.

Stran & Company, Inc. (NASDAQ:SWAG) last posted its earnings results on Wednesday, November 12th. The company reported ($0.07) EPS for the quarter. The company had revenue of $25.98 million for the quarter. Stran & Company, Inc. had a negative net margin of 1.38% and a negative return on equity of 5.05%.

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 stake in shares of Stran & Company, Inc. (NASDAQ:SWAG) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm 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. as of its most recent filing with the Securities and Exchange Commission. 56.42% of the stock is currently owned by institutional investors and hedge funds.

About Stran & Company, Inc.

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.