Star Equity (NASDAQ:STRRP) Trading Down 0.5% – What’s Next?

Star Equity Holdings, Inc. (NASDAQ:STRRP)’s share price traded down 0.5% during mid-day trading on Wednesday . The company traded as low as $9.30 and last traded at $9.30. 1,126 shares traded hands during trading, a decline of 68% from the average session volume of 3,548 shares. The stock had previously closed at $9.35.

Star Equity Stock Down 0.5%

The firm’s 50 day moving average is $9.48 and its two-hundred day moving average is $9.47.

Star Equity Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, December 1st were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 10.8%. The ex-dividend date of this dividend was Monday, December 1st.

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. The company was formerly known as Digirad Corporation and changed its name to Star Equity Holdings, Inc in December 2020.