Stran & Company, Inc. (NASDAQ:SWAG) Shares Up 1.9% – Time to Buy?

Stran & Company, Inc. (NASDAQ:SWAG)’s stock price was up 1.9% during mid-day trading on Thursday . The company traded as high as $1.09 and last traded at $1.05. Approximately 14,973 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 27,068 shares. The stock had previously closed at $1.03.

Stran & Company, Inc. Stock Down 1.0 %

The stock has a market capitalization of $19.35 million, a price-to-earnings ratio of -52.00 and a beta of 2.11. The firm’s fifty day moving average is $0.99 and its 200-day moving average is $1.08. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.83 and a quick ratio of 3.46.

Stran & Company, Inc. (NASDAQ:SWAG) last issued its earnings results on Friday, March 7th. The company reported ($0.11) earnings per share (EPS) for the quarter. Stran & Company, Inc. had a net margin of 0.07% and a return on equity of 0.16%. The company had revenue of $20.14 million during the quarter.

Institutional Investors Weigh In On Stran & Company, Inc.

A hedge fund recently raised its stake in Stran & Company, Inc. stock. Renaissance Technologies LLC raised its stake in Stran & Company, Inc. (NASDAQ:SWAG) by 118.2% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 73,384 shares of the company’s stock after buying an additional 39,753 shares during the quarter. Renaissance Technologies LLC owned approximately 0.39% of Stran & Company, Inc. worth $66,000 as of its most recent SEC filing. 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.