Star Equity (NASDAQ:STRR – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.12), Zacks reports. Star Equity had a negative net margin of 4.35% and a negative return on equity of 4.21%.
Star Equity Stock Performance
Star Equity stock traded up $0.61 during trading hours on Wednesday, hitting $9.40. 13,304 shares of the stock traded hands, compared to its average volume of 7,046. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.96 and a quick ratio of 1.73. The firm’s 50 day moving average price is $9.91 and its 200-day moving average price is $10.25. The stock has a market capitalization of $34.69 million, a price-to-earnings ratio of -3.07 and a beta of 0.48. Star Equity has a 1 year low of $8.58 and a 1 year high of $11.91.
Wall Street Analyst Weigh In
Several analysts have weighed in on STRR shares. Zacks Research downgraded shares of Star Equity from a “hold” rating to a “strong sell” rating in a research report on Monday, October 19th. Weiss Ratings raised shares of Star Equity from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, September 28th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $28.00.
Read Our Latest Report on Star Equity
About Star Equity
Star Equity Holdings, Inc. is a diversified holding company headquartered in the United States. Formerly known as Digirad Corporation, the company adopted the Star Equity Holdings name as it expanded beyond its original healthcare operations. Through its Building Solutions segment, Star Equity provides structural wall panels, engineered wood products and related construction services for residential and commercial projects. Its operations support builders and developers with off-site and prefabricated construction products designed for use in a range of building applications.
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