Stran & Company, Inc. (NASDAQ:SWAG – Get Rating) had its target price lowered by research analysts at EF Hutton Acquisition Co. I from $5.50 to $4.50 in a report released on Tuesday, Benzinga reports. The brokerage currently has a "buy" rating on the stock. EF Hutton Acquisition Co. I's price objective would indicate a potential upside of 171.08% from the stock's previous close.
Stran & Company, Inc. Stock Performance
Shares of SWAG opened at $1.66 on Tuesday. The business has a 50-day moving average of $1.20 and a 200 day moving average of $3.24. Stran & Company, Inc. has a fifty-two week low of $1.08 and a fifty-two week high of $2.29. The company has a debt-to-equity ratio of 0.06, a current ratio of 6.17 and a quick ratio of 5.09.
Get Stran & Company Inc. alerts:Stran & Company, Inc. (NASDAQ:SWAG – Get Rating) last posted its earnings results on Monday, November 14th. The company reported ($0.02) earnings per share for the quarter. The company had revenue of $13.58 million for the quarter. Stran & Company, Inc. had a negative net margin of 3.21% and a negative return on equity of 4.20%.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in SWAG. Captrust Financial Advisors purchased a new position in shares of Stran & Company, Inc. during the second quarter worth about $64,000. Graham Capital Wealth Management LLC purchased a new position in shares of Stran & Company, Inc. during the second quarter worth about $176,000. Walleye Capital LLC grew its holdings in shares of Stran & Company, Inc. by 22.4% during the first quarter. Walleye Capital LLC now owns 19,974 shares of the company's stock worth $199,000 after purchasing an additional 3,659 shares in the last quarter. EHP Funds Inc. purchased a new position in shares of Stran & Company, Inc. during the first quarter worth about $249,000. Finally, Robinson Capital Management LLC purchased a new position in shares of Stran & Company, Inc. during the first quarter worth about $250,000. Hedge funds and other institutional investors own 7.43% of the company's stock.Stran & Company, Inc. Company Profile
(Get Rating)
Stran & Company, Inc provides outsourced marketing solutions. The company offers clients custom sourcing services; and e-commerce solutions for promoting branded merchandise and other promotional products, managing promotional loyalty and incentives, print collateral and event assets, order and inventory management, designing and hosting online retail popup shops, fixed public retail online stores, and online business-to-business service offerings.
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