2 weeks Ago By ABMN Staff
Star Equity Holdings, Inc. ( NASDAQ:STRR – Get Free Report ) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 44,700 shares, an increase of 34.
2% from the August 31st total of 33,300 shares. Approximately 2.0% of the company’s stock are sold short.
Based on an average trading volume of 15,800 shares, the days-to-cover ratio is presently 2.8 days. Star Equity Stock Down 6.
2 % Shares of STRR traded down $0.27 during mid-day trading on Friday, hitting $4.06.
The company’s stock had a trading volume of 6,950 shares, compared to its average volume of 11,261. The firm has a market capitalization of $13.11 million, a price-to-earnings ratio of 0.
67 and a beta of 0.08. The company’s 50-day moving average is $4.
30 and its 200-day moving average is $4.36. The company has a current ratio of 2.
01, a quick ratio of 1.56 and a debt-to-equity ratio of 0.21.
Star Equity has a 52-week low of $3.43 and a 52-week high of $6.52.
Star Equity ( NASDAQ:STRR – Get Free Report ) last announced its earnings results on Tuesday, August 13th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.
25) by ($0.04). Star Equity had a negative net margin of 14.
65% and a negative return on equity of 5.74%. The company had revenue of $13.
48 million for the quarter, compared to the consensus estimate of $13.00 million. On average, equities research analysts forecast that Star Equity will post -0.
78 EPS for the current fiscal year. 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. Read More Receive News & Ratings for Star Equity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Star Equity and related companies with MarketBeat.com's FREE daily email newsletter .
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