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

Star Equity (NASDAQ:STRR) announced its quarterly earnings data on Thursday. The company reported $0.15 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 Performance

NASDAQ:STRR opened at $2.23 on Thursday. The company has a current ratio of 2.05, a quick ratio of 1.60 and a debt-to-equity ratio of 0.21. The firm has a 50-day moving average price of $2.19 and a two-hundred day moving average price of $2.96. Star Equity has a twelve month low of $2.05 and a twelve month high of $5.35. The company has a market capitalization of $7.16 million, a P/E ratio of -0.88 and a beta of 0.07.

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.