Stran & Company, Inc. (NASDAQ:SWAG) Upgraded by Wall Street Zen to “Hold” Rating

Stran & Company, Inc. (NASDAQ:SWAG) was upgraded by analysts at Wall Street Zen to a “hold” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Stran & Company, Inc. in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Stran & Company, Inc. Stock Performance

NASDAQ SWAG opened at $1.86 on Friday. The firm has a market cap of $34.02 million, a P/E ratio of -20.67 and a beta of 2.14. The company has a quick ratio of 1.82, a current ratio of 2.27 and a debt-to-equity ratio of 0.02. The company’s 50 day moving average is $1.91 and its 200-day moving average is $1.83. Stran & Company, Inc. has a 12-month low of $0.85 and a 12-month high of $3.50.

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

Hedge Funds Weigh In On 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 Stran & Company, Inc. (NASDAQ:SWAG) during the 2nd quarter, according to the company in its most recent disclosure 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 approximately 0.47% of Stran & Company, Inc. as of its most recent SEC filing. 56.42% of the stock is owned by 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.