Star (NASDAQ:STHO) Posts Quarterly Earnings Results

Star (NASDAQ:STHO) released its earnings results on Tuesday. The company reported ($7.70) earnings per share for the quarter, Zacks reports. Star had a net margin of 69.55% and a return on equity of 9.84%.

Star Price Performance

STHO traded up $0.06 during midday trading on Tuesday, reaching $8.85. 33,526 shares of the company’s stock were exchanged, compared to its average volume of 67,630. The firm has a market capitalization of $117.88 million, a price-to-earnings ratio of 1.44 and a beta of 1.33. The company has a quick ratio of 9.23, a current ratio of 9.23 and a debt-to-equity ratio of 0.45. Star has a one year low of $7.95 and a one year high of $14.50. The business has a 50-day simple moving average of $9.11 and a two-hundred day simple moving average of $11.40.

Star Company Profile

Star Holdings engages in the non-ground lease related commercial real estate businesses in the United States. Its portfolio primarily comprises interest in the Asbury Park Waterfront and Magnolia Green residential development projects. Star Holdings is based in New York, New York.