Stran & Company, Inc. (NASDAQ:SWAG) Trading Up 1.9% – Here’s What Happened

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

Stran & Company, Inc. Trading Down 1.0 %

The business’s 50 day moving average is $0.99 and its two-hundred day moving average is $1.08. The firm has a market capitalization of $19.35 million, a P/E ratio of -52.00 and a beta of 2.11. The company has a quick ratio of 3.46, a current ratio of 3.83 and a debt-to-equity ratio of 0.02.

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

Hedge Funds Weigh In On Stran & Company, Inc.

A hedge fund recently raised its stake in Stran & Company, Inc. stock. Renaissance Technologies LLC lifted its position in Stran & Company, Inc. (NASDAQ:SWAG) by 118.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 73,384 shares of the company’s stock after buying an additional 39,753 shares during the period. Renaissance Technologies LLC owned approximately 0.39% of Stran & Company, Inc. worth $66,000 at the end of the most recent reporting period. 56.42% of the stock is owned by institutional investors.

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.