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

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

Star Equity Price Performance

The company’s 50 day moving average is $9.95 and its 200-day moving average is $9.74.

Star Equity Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Monday, June 1st were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 10.1%. 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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