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

Star Equity (NASDAQ:STRR) released its quarterly earnings results on Thursday. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.32, Zacks reports. The business had revenue of $17.10 million during the quarter, compared to the consensus estimate of $14.00 million. Star Equity had a negative return on equity of 8.72% and a negative net margin of 12.41%.

Star Equity Trading Up 6.1 %

NASDAQ:STRR opened at $2.42 on Friday. The company has a market capitalization of $7.79 million, a PE ratio of -0.94 and a beta of 0.07. The stock has a fifty day simple moving average of $2.20 and a 200-day simple moving average of $2.94. Star Equity has a 52-week low of $2.05 and a 52-week high of $5.35. The company has a quick ratio of 1.60, a current ratio of 2.05 and a debt-to-equity ratio of 0.21.

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.