Stran & Company, Inc. (NASDAQ:SWAG) Trading Up 8.4% – What’s Next?

Stran & Company, Inc. (NASDAQ:SWAG)’s stock price was up 8.4% during trading on Friday . The company traded as high as $0.85 and last traded at $0.83. Approximately 52,870 shares were traded 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 firm has a market capitalization of $15.44 million, a price-to-earnings ratio of -41.49 and a beta of 2.17. The business’s fifty day simple moving average is $0.98 and its 200 day simple moving average is $1.11.

Institutional Inflows and Outflows

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

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.