Star Equity (NASDAQ:STRRP) Shares Up 1.6% – Still a Buy?

Star Equity Holdings, Inc. (NASDAQ:STRRPGet Free Report) shot up 1.6% during mid-day trading on Monday . The stock traded as high as $9.91 and last traded at $9.92. 531 shares were traded during mid-day trading, a decline of 88% from the average session volume of 4,276 shares. The stock had previously closed at $9.76.

Star Equity Stock Performance

The company has a 50 day moving average of $9.94 and a two-hundred day moving average of $9.74.

Star Equity Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Monday, June 1st were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 10.2%. The ex-dividend date was Monday, June 1st.

Star Equity Company Profile

(Get Free Report)

Star Equity Holdings, Inc engages in the construction business in the United States and internationally. It operates through two segments: Construction, and Investments. It manufactures modular housing units, structural wall panels, permanent wood foundation systems, and other engineered wood products; supplies general contractors with building materials; holds real estate assets; and manages investments. The company was formerly known as Digirad Corporation and changed its name to Star Equity Holdings, Inc in December 2020.

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