Stran & Company, Inc. (NASDAQ:SWAG) Stock Price Up 4.6% – Should You Buy?

Stran & Company, Inc. (NASDAQ:SWAG) rose 4.6% during trading on Friday . The stock traded as high as $1.01 and last traded at $1.02. Approximately 64,809 shares traded hands during mid-day trading, an increase of 153% from the average daily volume of 25,603 shares. The stock had previously closed at $0.97.

Stran & Company, Inc. Price Performance

The company’s 50-day simple moving average is $1.03 and its 200 day simple moving average is $1.03. The company has a market capitalization of $18.89 million, a P/E ratio of -50.75 and a beta of 2.09. 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 announced its quarterly earnings results on Friday, March 7th. The company reported ($0.11) earnings per share for the quarter. Stran & Company, Inc. had a return on equity of 0.16% and a net margin of 0.07%. 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 boosted its position in shares of Stran & Company, Inc. (NASDAQ:SWAG) by 118.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 73,384 shares of the company’s stock after purchasing an additional 39,753 shares during the period. Renaissance Technologies LLC owned about 0.39% of Stran & Company, Inc. worth $66,000 at the end of the most recent quarter. 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.