Star (NASDAQ:STHO) Releases Quarterly Earnings Results

Star (NASDAQ:STHO) announced its earnings results on Friday. The company reported $0.66 EPS for the quarter, Zacks reports. Star had a net margin of 14.77% and a negative return on equity of 0.90%.

Star Price Performance

Shares of NASDAQ:STHO traded down $0.03 during midday trading on Friday, hitting $7.54. The stock had a trading volume of 18,807 shares, compared to its average volume of 30,622. The company’s 50-day moving average price is $8.57 and its 200-day moving average price is $8.65. Star has a fifty-two week low of $7.16 and a fifty-two week high of $9.94. The company has a quick ratio of 18.87, a current ratio of 18.87 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $91.09 million, a P/E ratio of 6.23 and a beta of 1.30.

Analyst Upgrades and Downgrades

STHO has been the subject of several research reports. Weiss Ratings upgraded shares of Star from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday, August 12th. Wall Street Zen upgraded Star to a “hold” rating in a report on Saturday, October 31st. One investment analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Star Company Profile

Star Holdings (NASDAQ: STHO) is a real estate investment company that owns and manages a diversified portfolio of commercial real estate and real estate-related investments. Its holdings have included properties and investments across several sectors, including multifamily housing, office, retail, industrial, hospitality and land.

The company’s portfolio is primarily focused on real estate in the United States and may include both direct property interests and investments in real estate debt or other related assets.