Stran & Company, Inc. (NASDAQ:SWAG) Sees Large Decline in Short Interest

Stran & Company, Inc. (NASDAQ:SWAG) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 667 shares, a decline of 95.0% from the September 30th total of 13,301 shares. Based on an average daily trading volume, of 18,854 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Stran & Company, Inc. from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, October 8th. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Stran & Company, Inc. Price Performance

Shares of Stran & Company, Inc. stock traded up $0.05 during trading hours on Monday, reaching $1.34. 17,450 shares of the company’s stock were exchanged, compared to its average volume of 21,777. The business has a fifty day moving average of $1.56 and a two-hundred day moving average of $1.81. Stran & Company, Inc. has a 1 year low of $1.25 and a 1 year high of $3.50.

Stran & Company, Inc. (NASDAQ:SWAG) last posted its quarterly earnings results on Tuesday, August 11th. The company reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. The firm had revenue of $33.36 million for the quarter, compared to the consensus estimate of $11.23 million. Stran & Company, Inc. had a net margin of 0.05% and a return on equity of 0.18%.

Stran & Company, Inc. Company Profile

Stran & Company, Inc is a promotional products and marketing services company headquartered in Quincy, Massachusetts. The company helps businesses and organizations strengthen their brands through the design, sourcing, production and distribution of branded merchandise and related marketing materials.

Its offerings include apparel, branded gifts, promotional products, packaging, print materials, awards and recognition items, and other customized products. Stran also provides creative services, online company stores, inventory management, warehousing, fulfillment and distribution services to support clients’ marketing and promotional programs.

The company serves customers primarily in the United States across a range of industries, including corporations, educational institutions, nonprofit organizations and other entities.