Star Equity (NASDAQ:STRR) Releases Quarterly Earnings Results, Beats Expectations By $0.32 EPS

Star Equity (NASDAQ:STRR) released its quarterly earnings data on Thursday. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.32, Zacks reports. Star Equity had a negative net margin of 12.41% and a negative return on equity of 8.72%.

Star Equity Stock Up 4.9 %

Shares of NASDAQ:STRR opened at $2.27 on Thursday. Star Equity has a 1-year low of $2.05 and a 1-year high of $5.35. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.05 and a quick ratio of 1.60. The firm has a fifty day moving average price of $2.19 and a 200 day moving average price of $2.96. The stock has a market cap of $7.29 million, a P/E ratio of -0.99 and a beta of 0.07.

Star Equity Company Profile

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.