Star Equity (NASDAQ:STRRP) Shares Down 1.3% – Should You Sell?

Star Equity Holdings, Inc. (NASDAQ:STRRPGet Free Report)’s share price was down 1.3% on Thursday . The company traded as low as $9.53 and last traded at $9.57. Approximately 10,858 shares changed hands during trading, an increase of 183% from the average session volume of 3,834 shares. The stock had previously closed at $9.70.

Star Equity Trading Up 1.7%

The firm has a 50-day simple moving average of $9.91 and a 200-day simple moving average of $9.91.

Star Equity Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Tuesday, September 1st will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $1.00 dividend on an annualized basis and a yield of 10.3%.

About Star Equity

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

Further Reading

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