Star Equity (NASDAQ:STRRP) Shares Up 2.7% – Still a Buy?

Star Equity Holdings, Inc. (NASDAQ:STRRPGet Free Report)’s stock price shot up 2.7% during trading on Tuesday . The stock traded as high as $9.36 and last traded at $9.36. 891 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 2,664 shares. The stock had previously closed at $9.11.

Star Equity Price Performance

The company’s 50 day simple moving average is $9.28 and its 200 day simple moving average is $9.59.

Star Equity Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Sunday, December 1st were paid a dividend of $0.25 per share. The ex-dividend date was Friday, November 29th. This represents a $1.00 annualized dividend and a yield of 11.01%.

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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