Stran & Company, Inc. (NASDAQ:SWAG) Trading 1.4% Higher – Here’s Why

Stran & Company, Inc. (NASDAQ:SWAG)’s share price was up 1.4% during mid-day trading on Monday . The stock traded as high as $1.18 and last traded at $1.12. Approximately 36,244 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 52,121 shares. The stock had previously closed at $1.11.

Stran & Company, Inc. Stock Performance

The firm has a market capitalization of $20.86 million, a P/E ratio of -56.05 and a beta of 2.17. The stock’s 50 day simple moving average is $0.94 and its 200 day simple moving average is $1.09.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Stran & Company, Inc. stock. Wilmington Savings Fund Society FSB bought a new position in Stran & Company, Inc. (NASDAQ:SWAG) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 42,412 shares of the company’s stock, valued at approximately $52,000. Wilmington Savings Fund Society FSB owned 0.23% of Stran & Company, Inc. at the end of the most recent quarter. Institutional investors own 56.42% of the company’s stock.

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.