Stran & Company, Inc. (NASDAQ:SWAG) Stock Price Up 8.4% – Still a Buy?

Stran & Company, Inc. (NASDAQ:SWAG)’s stock price rose 8.4% on Friday . The company traded as high as $0.85 and last traded at $0.83. Approximately 52,870 shares traded hands during mid-day trading, a decline of 40% from the average daily volume of 87,588 shares. The stock had previously closed at $0.77.

Stran & Company, Inc. Price Performance

The stock has a market cap of $15.44 million, a PE ratio of -41.49 and a beta of 2.17. The company’s fifty day moving average is $0.98 and its 200-day moving average is $1.11.

Hedge Funds Weigh In On Stran & Company, Inc.

An institutional investor recently bought a new position in Stran & Company, Inc. stock. Wilmington Savings Fund Society FSB bought a new position in shares of Stran & Company, Inc. (NASDAQ:SWAG) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 42,412 shares of the company’s stock, valued at approximately $52,000. Wilmington Savings Fund Society FSB owned 0.23% of Stran & Company, Inc. as of its most recent SEC filing. 56.42% of the stock is currently owned by institutional investors.

Stran & Company, Inc. Company Profile

Stran & Company, Inc provides outsourced marketing solutions. The company offers clients custom sourcing services; and e-commerce solutions for promoting branded merchandise and other promotional products, managing promotional loyalty and incentives, print collateral and event assets, order and inventory management, designing and hosting online retail popup shops, fixed public retail online stores, and online business-to-business service offerings.