SWK (NASDAQ:SWKH) Trading 0.8% Higher

SWK Holdings Co. (NASDAQ:SWKH) shares traded up 0.8% during mid-day trading on Monday . The stock traded as high as $17.25 and last traded at $17.22. 7,911 shares were traded during trading, a decline of 26% from the average session volume of 10,620 shares. The stock had previously closed at $17.08.

SWK Trading Up 1.7 %

The company has a debt-to-equity ratio of 0.15, a current ratio of 3.01 and a quick ratio of 3.01. The firm has a market capitalization of $216.57 million, a PE ratio of 13.55 and a beta of 0.32. The company’s fifty day simple moving average is $16.88 and its 200-day simple moving average is $16.77.

SWK (NASDAQ:SWKH) last posted its quarterly earnings data on Thursday, March 21st. The company reported $0.23 earnings per share (EPS) for the quarter. The business had revenue of $9.89 million for the quarter. SWK had a net margin of 42.07% and a return on equity of 6.67%.

Hedge Funds Weigh In On SWK

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. American International Group Inc. acquired a new stake in shares of SWK in the second quarter valued at about $29,000. UBS Group AG raised its position in shares of SWK by 127.9% in the fourth quarter. UBS Group AG now owns 1,627 shares of the company’s stock valued at $29,000 after buying an additional 913 shares during the last quarter. FMR LLC raised its position in shares of SWK by 685.5% in the second quarter. FMR LLC now owns 1,728 shares of the company’s stock valued at $30,000 after buying an additional 1,508 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of SWK by 1,535.4% in the fourth quarter. Russell Investments Group Ltd. now owns 1,848 shares of the company’s stock valued at $32,000 after buying an additional 1,735 shares during the last quarter. Finally, JPMorgan Chase & Co. acquired a new stake in shares of SWK in the second quarter valued at about $33,000. 99.27% of the stock is owned by hedge funds and other institutional investors.

SWK Company Profile

SWK Holdings Corporation, offers specialty finance and asset management services in the United States. It operates in two segments, Finance Receivables and Pharmaceutical Development. The Finance Receivables segment provides customized financing solutions to a range of life science companies, including companies in the biotechnology, medical device, medical diagnostics and related tools, animal health, and pharmaceutical industries, as well as institutions and inventors.