SWK (NASDAQ:SWKH) Trading Down 0.2%

SWK Holdings Co. (NASDAQ:SWKHGet Rating)’s share price traded down 0.2% on Tuesday . The company traded as low as $18.50 and last traded at $18.77. 4,703 shares were traded during trading, a decline of 83% from the average session volume of 27,327 shares. The stock had previously closed at $18.81.

Analyst Ratings Changes

Separately, Maxim Group increased their price target on SWK to $25.00 in a research report on Wednesday, November 16th.

SWK Trading Down 0.2 %

The firm has a market capitalization of $240.63 million, a price-to-earnings ratio of 14.33 and a beta of 0.29. The business has a 50-day moving average price of $18.88 and a two-hundred day moving average price of $18.14.

SWK (NASDAQ:SWKHGet Rating) last issued its quarterly earnings data on Wednesday, November 9th. The company reported $0.64 earnings per share (EPS) for the quarter. SWK had a return on equity of 9.57% and a net margin of 36.42%. The business had revenue of $13.61 million during the quarter.

Hedge Funds Weigh In On SWK

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cannell Capital LLC boosted its stake in SWK by 8.7% during the 1st quarter. Cannell Capital LLC now owns 1,000,027 shares of the company’s stock valued at $16,880,000 after purchasing an additional 80,197 shares in the last quarter. M3F Inc. boosted its stake in SWK by 14.8% during the 3rd quarter. M3F Inc. now owns 741,886 shares of the company’s stock valued at $12,612,000 after purchasing an additional 95,513 shares in the last quarter. Vanguard Group Inc. boosted its stake in SWK by 173.9% during the 1st quarter. Vanguard Group Inc. now owns 539,023 shares of the company’s stock valued at $9,098,000 after purchasing an additional 342,222 shares in the last quarter. BlackRock Inc. boosted its stake in SWK by 5.9% during the 3rd quarter. BlackRock Inc. now owns 105,885 shares of the company’s stock valued at $1,800,000 after purchasing an additional 5,852 shares in the last quarter. Finally, Greenwood Capital Associates LLC boosted its stake in SWK by 2.1% during the 3rd quarter. Greenwood Capital Associates LLC now owns 47,101 shares of the company’s stock valued at $801,000 after purchasing an additional 953 shares in the last quarter. 92.17% of the stock is owned by institutional investors.

About SWK

(Get Rating)

SWK Holdings Corp. engages in financial and asset management in the field of pharmaceuticals. The company offers capital and investments in life science companies, institutions, and inventors. It operates through the Finance Receivables and Pharmaceutical Development segments. The Finance Receivables segment is a healthcare capital provider which offers customized financing solutions to a broad range of life science companies, institutions, and investors.

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