Star Equity (NASDAQ:STRRP) Trading Down 3.9% – What’s Next?

Star Equity Holdings, Inc. (NASDAQ:STRRP) dropped 3.9% during trading on Thursday . The company traded as low as $10.03 and last traded at $9.60. Approximately 1,306 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 3,101 shares. The stock had previously closed at $9.99.

Star Equity Stock Down 3.9%

The business’s fifty day moving average is $9.54 and its 200 day moving average is $9.26.

Star Equity (NASDAQ:STRRP) last released its earnings results on Monday, March 21st. The company reported ($0.34) EPS for the quarter. The company had revenue of $23.15 million for the quarter.

Star Equity Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Thursday, August 21st were issued a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 9.4%. The ex-dividend date was Thursday, August 21st.

About Star Equity

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.