Stran & Company, Inc. (NASDAQ:SWAG) PT Lowered to $4.50 at EF Hutton Acquisition Co. I

Stran & Company, Inc. (NASDAQ:SWAG – Get Rating) had its target price reduced by EF Hutton Acquisition Co. I from $5.50 to $4.50 in a research note published on Tuesday morning, Benzinga reports. They currently have a buy rating on the stock.

Stran & Company, Inc. Stock Up 2.3 %

SWAG stock opened at $1.75 on Tuesday. Stran & Company, Inc. has a twelve month low of $1.08 and a twelve month high of $2.29. The company has a quick ratio of 5.09, a current ratio of 6.17 and a debt-to-equity ratio of 0.06. The business’s 50-day moving average price is $1.25 and its 200-day moving average price is $3.18.

Stran & Company, Inc. (NASDAQ:SWAG – Get Rating) last posted its quarterly earnings data on Monday, November 14th. The company reported ($0.02) earnings per share for the quarter. Stran & Company, Inc. had a negative net margin of 3.21% and a negative return on equity of 4.20%. The company had revenue of $13.58 million for the quarter.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Walleye Capital LLC lifted its holdings in Stran & Company, Inc. by 22.4% in the 1st quarter. Walleye Capital LLC now owns 19,974 shares of the company’s stock worth $199,000 after purchasing an additional 3,659 shares in the last quarter. Captrust Financial Advisors purchased a new position in Stran & Company, Inc. in the 2nd quarter worth approximately $64,000. Graham Capital Wealth Management LLC purchased a new position in Stran & Company, Inc. in the 2nd quarter worth approximately $176,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Stran & Company, Inc. by 100.0% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 50,000 shares of the company’s stock worth $499,000 after purchasing an additional 25,000 shares in the last quarter. Finally, Robinson Capital Management LLC purchased a new stake in shares of Stran & Company, Inc. during the 1st quarter worth approximately $250,000. 7.43% of the stock is owned by hedge funds and other institutional investors.

Stran & Company, Inc. Company Profile

(Get Rating)

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.