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

Stran & Company, Inc. (NASDAQ:SWAG) shares shot up 8.4% on Friday . The stock traded as high as $0.85 and last traded at $0.83. 52,870 shares changed hands during trading, a decline of 40% from the average session volume of 87,588 shares. The stock had previously closed at $0.77.

Stran & Company, Inc. Price Performance

The stock’s 50-day moving average is $0.98 and its two-hundred day moving average is $1.11. The company has a market cap of $15.44 million, a P/E ratio of -41.49 and a beta of 2.17.

Institutional Trading of Stran & Company, Inc.

A hedge fund recently bought a new stake in Stran & Company, Inc. stock. Wilmington Savings Fund Society FSB bought a new stake in shares of Stran & Company, Inc. (NASDAQ:SWAG) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 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 quarter. Institutional investors and hedge funds own 56.42% of the company’s stock.

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.