SWK (NASDAQ:SWKH) Trading Up 0.8%

SWK Holdings Co. (NASDAQ:SWKH)’s stock price shot up 0.8% on Monday . The company traded as high as $17.25 and last traded at $17.22. 7,911 shares traded hands during trading, a decline of 26% from the average session volume of 10,620 shares. The stock had previously closed at $17.08.

SWK Trading Up 0.8 %

The company has a debt-to-equity ratio of 0.15, a quick ratio of 3.01 and a current ratio of 3.01. The business has a 50-day simple moving average of $16.87 and a two-hundred day simple moving average of $16.76. The stock has a market cap of $215.25 million, a price-to-earnings ratio of 13.67 and a beta of 0.32.

SWK (NASDAQ:SWKH) last announced its quarterly earnings data on Thursday, March 21st. The company reported $0.23 earnings per share (EPS) for the quarter. SWK had a return on equity of 6.67% and a net margin of 42.07%. The company had revenue of $9.89 million for the quarter.

Institutional Investors Weigh In On SWK

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. UBS Group AG raised its stake in SWK by 127.9% in the 4th quarter. UBS Group AG now owns 1,627 shares of the company’s stock valued at $29,000 after acquiring an additional 913 shares during the period. American International Group Inc. acquired a new position in SWK in the 2nd quarter valued at $29,000. FMR LLC lifted its holdings in shares of SWK by 685.5% during the second quarter. FMR LLC now owns 1,728 shares of the company’s stock worth $30,000 after buying an additional 1,508 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of SWK by 1,535.4% during the fourth quarter. Russell Investments Group Ltd. now owns 1,848 shares of the company’s stock worth $32,000 after buying an additional 1,735 shares in the last quarter. Finally, Barclays PLC lifted its holdings in shares of SWK by 97.8% during the first quarter. Barclays PLC now owns 1,893 shares of the company’s stock worth $34,000 after buying an additional 936 shares in the last quarter. Institutional investors own 99.27% of the company’s stock.

About SWK

SWK Holdings Corporation, offers specialty finance and asset management services in the United States. It operates in two segments, Finance Receivables and Pharmaceutical Development. The Finance Receivables segment provides customized financing solutions to a range of life science companies, including companies in the biotechnology, medical device, medical diagnostics and related tools, animal health, and pharmaceutical industries, as well as institutions and inventors.