Star Equity Holdings, Inc. (NASDAQ:STRR – Get Free Report) Director Louis Parks purchased 1,000 shares of Star Equity stock in a transaction on Friday, May 29th. The stock was bought at an average price of $11.60 per share, for a total transaction of $11,600.00. Following the transaction, the director directly owned 15,813 shares in the company, valued at approximately $183,430.80. The trade was a 6.75% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Star Equity Trading Down 0.9%
Shares of NASDAQ STRR traded down $0.11 during trading on Tuesday, reaching $11.59. The company had a trading volume of 12,782 shares, compared to its average volume of 7,871. The company’s fifty day moving average price is $10.00 and its 200-day moving average price is $10.22. Star Equity Holdings, Inc. has a 12 month low of $8.26 and a 12 month high of $11.99. The stock has a market cap of $42.84 million, a P/E ratio of -4.41 and a beta of 0.49. The company has a quick ratio of 1.84, a current ratio of 2.09 and a debt-to-equity ratio of 0.09.
Star Equity (NASDAQ:STRR – Get Free Report) last released its quarterly earnings results on Monday, May 11th. The company reported ($0.99) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($1.04). Star Equity had a negative net margin of 4.18% and a negative return on equity of 4.04%. The company had revenue of $50.06 million during the quarter, compared to the consensus estimate of $52.57 million. As a group, research analysts expect that Star Equity Holdings, Inc. will post -0.43 earnings per share for the current year.
Institutional Inflows and Outflows
Analysts Set New Price Targets
A number of equities research analysts have commented on the company. Litchfield Hills Research upped their price target on Star Equity from $21.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, March 23rd. Weiss Ratings lowered Star Equity from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, May 20th. Zacks Research lowered Star Equity from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 20th. Finally, Noble Financial upgraded Star Equity to a “strong-buy” rating in a research report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $28.00.
View Our Latest Report on STRR
About Star Equity
Hudson Global, Inc is a publicly traded talent acquisition and recruitment firm that provides a range of staffing and workforce solutions to organizations around the world. Operating primarily through two service lines—recruitment process outsourcing (RPO) and retained executive search—the company connects employers with qualified professionals across a variety of disciplines, including finance, accounting, technology, human resources and legal. Its flexible engagement models encompass project-based sourcing, volume hiring and high-level leadership searches, enabling clients to tailor recruitment strategies to their specific business objectives.
With a global footprint spanning North America, Europe, Asia-Pacific and Latin America, Hudson Global supports multinational corporations as well as regional and niche market clients.
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