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

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 traded hands during 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. Trading Up 8.4 %

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

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 position in Stran & Company, Inc. (NASDAQ:SWAG) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 42,412 shares of the company’s stock, valued at approximately $52,000. Wilmington Savings Fund Society FSB owned approximately 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.