Stran & Company, Inc. (NASDAQ:SWAG) Shares Up 3.2% – Should You Buy?

Stran & Company, Inc. (NASDAQ:SWAG) rose 3.2% on Wednesday . The company traded as high as $1.94 and last traded at $1.92. Approximately 75,780 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 697,249 shares. The stock had previously closed at $1.86.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Stran & Company, Inc. in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Stran & Company, Inc. Stock Up 3.2%

The company has a market capitalization of $35.12 million, a price-to-earnings ratio of -21.33 and a beta of 2.12. 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 business has a 50-day moving average price of $1.97 and a 200-day moving average price of $1.68.

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

Hedge Funds Weigh In On Stran & Company, Inc.

A hedge fund recently bought a new stake in Stran & Company, Inc. stock. Mink Brook Asset Management LLC acquired a new position in shares of Stran & Company, Inc. (NASDAQ:SWAG) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 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 filing with the Securities and Exchange Commission. 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.