Stran & Company, Inc. (SWAG) to Release Earnings on Thursday

Stran & Company, Inc. (NASDAQ:SWAG) is expected to issue its results after the market closes on Thursday, March 26th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $14.00 million for the quarter.

Stran & Company, Inc. Trading Up 3.8%

Shares of SWAG stock traded up $0.06 on Wednesday, reaching $1.75. 8,362 shares of the company’s stock were exchanged, compared to its average volume of 103,434. The company’s fifty day simple moving average is $1.82 and its 200 day simple moving average is $1.88. Stran & Company, Inc. has a 52 week low of $0.89 and a 52 week high of $3.50. The company has a current ratio of 2.27, a quick ratio of 1.82 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $32.08 million, a PE ratio of -19.49 and a beta of 2.15.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Stran & Company, Inc. in a research note on Thursday, January 22nd. Wall Street Zen upgraded shares of Stran & Company, Inc. to a “hold” rating in a report on Saturday, January 31st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Trading of Stran & Company, Inc.

Several institutional investors and hedge funds have recently modified their holdings of SWAG. XTX Topco Ltd boosted its position in Stran & Company, Inc. by 113.7% during the 4th quarter. XTX Topco Ltd now owns 21,734 shares of the company’s stock valued at $36,000 after acquiring an additional 11,562 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of Stran & Company, Inc. by 31.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 34,905 shares of the company’s stock worth $58,000 after purchasing an additional 8,300 shares during the last quarter. State Street Corp lifted its stake in shares of Stran & Company, Inc. by 27.8% during the 4th quarter. State Street Corp now owns 57,424 shares of the company’s stock worth $95,000 after purchasing an additional 12,500 shares during the last quarter. Mink Brook Asset Management LLC bought a new stake in Stran & Company, Inc. during the second quarter valued at about $125,000. Finally, Citadel Advisors LLC boosted its position in Stran & Company, Inc. by 102.2% during the third quarter. Citadel Advisors LLC now owns 95,724 shares of the company’s stock valued at $159,000 after purchasing an additional 48,382 shares in the last 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.