Star Equity (NASDAQ:STRRP) Trading 1.8% Higher – Still a Buy?

Star Equity Holdings, Inc. (NASDAQ:STRRPGet Free Report)’s share price shot up 1.8% during mid-day trading on Thursday . The company traded as high as $9.10 and last traded at $9.10. 4,949 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 6,932 shares. The stock had previously closed at $8.94.

Star Equity Stock Performance

The stock’s 50-day moving average price is $9.21 and its 200-day moving average price is $9.51.

Star Equity Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Sunday, December 1st were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.00 annualized dividend and a yield of 10.99%.

About Star Equity

(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.

Further Reading

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