Stran & Company, Inc. (NASDAQ:SWAG) Announces Quarterly Earnings Results

Stran & Company, Inc. (NASDAQ:SWAG) posted its quarterly earnings results on Wednesday. The company reported ($0.07) earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $25.98 million during the quarter. Stran & Company, Inc. had a negative net margin of 1.38% and a negative return on equity of 4.99%.

Stran & Company, Inc. Stock Up 3.3%

Stran & Company, Inc. stock traded up $0.09 during trading hours on Friday, hitting $2.84. The company had a trading volume of 244,712 shares, compared to its average volume of 98,566. Stran & Company, Inc. has a fifty-two week low of $0.73 and a fifty-two week high of $3.50. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.88 and a quick ratio of 1.63. The firm has a market capitalization of $52.70 million, a P/E ratio of -31.28 and a beta of 2.12. The firm’s fifty day moving average is $1.92 and its 200-day moving average is $1.58.

Institutional Investors Weigh In On Stran & Company, Inc.

An institutional investor recently bought a new position in Stran & Company, Inc. stock. Mink Brook Asset Management LLC purchased a new stake in Stran & Company, Inc. (NASDAQ:SWAG) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 86,772 shares of the company’s stock, valued at approximately $125,000. Mink Brook Asset Management LLC owned 0.47% of Stran & Company, Inc. as of its most recent SEC filing. Institutional investors own 56.42% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Stran & Company, Inc. in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

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.