Star Equity (NASDAQ:STRRP) Stock Price Up 0.8% – Here’s Why

Star Equity Holdings, Inc. (NASDAQ:STRRPGet Free Report) shares rose 0.8% during trading on Wednesday . The company traded as high as $9.68 and last traded at $9.68. Approximately 2,213 shares changed hands during trading, a decline of 28% from the average daily volume of 3,085 shares. The stock had previously closed at $9.60.

Star Equity Stock Performance

The stock has a 50 day moving average of $9.39 and a 200 day moving average of $9.22.

Star Equity Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Thursday, August 21st were given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 9.3%. The ex-dividend date was Thursday, August 21st.

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.

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