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

Stran & Company, Inc. (NASDAQ:SWAG) rose 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. Stock Up 8.4 %

The firm has a market cap of $15.44 million, a PE ratio of -41.49 and a beta of 2.17. The firm’s fifty day simple moving average is $0.98 and its two-hundred day simple moving average is $1.11.

Institutional Investors Weigh In On Stran & Company, Inc.

An institutional investor recently bought a new position in Stran & Company, Inc. stock. Wilmington Savings Fund Society FSB purchased a new position in Stran & Company, Inc. (NASDAQ:SWAG) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 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. 56.42% of the stock is owned by institutional investors and hedge funds.

About Stran & Company, Inc.

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.