Stryve Foods (NASDAQ:SNAX) Shares Up 2.5% – Still a Buy?

Stryve Foods, Inc. (NASDAQ:SNAX) shot up 2.5% during trading on Friday . The stock traded as high as $0.75 and last traded at $0.74. 12,937 shares traded hands during trading, a decline of 77% from the average session volume of 56,167 shares. The stock had previously closed at $0.73.

Stryve Foods Price Performance

The company has a fifty day moving average price of $0.75 and a 200 day moving average price of $1.18. The stock has a market cap of $3.01 million, a P/E ratio of -0.14 and a beta of 1.13.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Stryve Foods stock. CWA Asset Management Group LLC purchased a new stake in Stryve Foods, Inc. (NASDAQ:SNAX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 231,630 shares of the company’s stock, valued at approximately $338,000. CWA Asset Management Group LLC owned approximately 6.91% of Stryve Foods as of its most recent filing with the Securities and Exchange Commission. 40.28% of the stock is currently owned by institutional investors.

Stryve Foods Company Profile

Stryve Foods, Inc manufactures, markets, and sells snacking products in North America. The company's product portfolio consists primarily of air-dried meat snack products marketed under the Stryve, Kalahari, Braaitime, and Vacadillos brands. It also produces charcuterie slabs, thinly sliced steaks, air-dried beef sticks, biltong, biltong slabs, crisps, carne seca, sliced biltong, and droëwors products, as well as markets and sells human-grade pet treats under the brand Two Tails.