Star Equity Holdings Inc (STRR) News

STRR 1 for 5 on Monday 6/17

Great news, $1.20 is the BREAKOUT squeeze!!

https://finance.yahoo.com/news/star-equity-holdings-inc-announces-123000607.html

Star Equity Holdings, Inc. Announces Sale of Digirad Health, Inc. for $40 Million

Friday's Earnings should be great https://finance.yahoo.com/news/star-equity-holdings-inc-release-123000007.html

$STRR holding nicely above all moving averages

$1.07 key breakout above the 200day moving average

Seems so

nice analysis, many Form 4 insider buys and due for an update

due for a run again!

I have been following this stock for some time. I like the flat action on this chart. I backed up my opinion by adding this stock to my portfolio this week. This flat action might continue for another six months to a year, but nonetheless, I expect STRR to rise again in time. Just my 2c.



Investolator

Under the radar

summer doldrums...$2.50 could've been tested on these great numbers... we wait patiently

SEC > S-3 filing: " From time to time, we may offer and sell up to an aggregate amount of $100,000,000 of any combination of the securities described in this prospectus, either indi>vidually or in combination, in one or more offerings. We may also offer common stock or preferred stock upon conversion of debt securities, common stock upon conversion of preferred stock, or common stock, preferred stock, or debt securities upon the exercise of warrants."

Man-o-man! Extraordinary revenue growth! > going much higher!

Ended Q2 2022 with $13.7 million in cash and cash equivalents

306% increase in Q2 2022 gross profit and a 19% increase in revenues

Construction division reported a 54% increase in revenue and a significant improvement in gross margin


https://finance.yahoo.com/news/star-equity-holdings-inc-announces-100000128.html

July has been a good month. Needs volume, an more contracts. > $$$$$

STRR

$STRR wants to run. Insiders have been loading on the cheap..

https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000707388

https://insider-analysis.com/search_transactions.php?ticker=TABLE_STRR

KBS Builders Wins $9 Million Contract to Manufacture Four Dormitories for a College in New England
8:00 am ET April 4, 2022 (Globe Newswire) Print
Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) ("Star Equity" or the "Company"), a diversified holding company, announced today that its KBS Builders, Inc. ("KBS") business has signed an approximately $9 million contract to manufacture 72 modules for the construction of 4 new dormitories for a college in New England. This project is the largest contract in KBS's history and launches KBS's expansion into the student housing segment. Production is expected to commence in the second quarter of 2022.

"We are extremely excited to announce this landmark project for KBS," said Jeff Eberwein, Star Equity's Executive Chairman. "We believe student housing is a natural fit for our modular manufacturing capability in New England and is an example of increasing acceptance of modular manufacturing. KBS's sales pipeline remains robust and entering new markets such as student housing will help us achieve our growth goals."

About Star Equity Holdings, Inc.

Star Equity Holdings, Inc. is a diversified holding company with three divisions: Healthcare, Construction, and Investments.

Star Equity Holdings Inc, formerly Digirad Corporation, is a holding company. The Company operates through three divisions: Healthcare (Digirad Health), Building & Construction, and Real Estate & Investments. Digirad Health designs, manufactures and distributes diagnostic medical imaging products and services. Digirad Health operates in three businesses: diagnostic imaging, and diagnostic services. Building and Construction division manufactures modular housing units, structural wall panels, permanent wood foundation systems, and other engineered wood products, and supplies general contractors with building materials for commercial and residential real estate projects. Real Estate & Investments division manages the Company’s real estate assets and investments.