Sterling Construction Company, Inc. (NASDAQ:STRL) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 9, 2016
Zacks Investment Research has upgraded Sterling Construction Company, Inc. (NASDAQ:STRL) to Hold in a statement released on Wednesday October 05, 2016.
Having a price of $8.00, Sterling Construction Company, Inc. (NASDAQ:STRL) traded -0.74% lower on the day. With the last stock price up 42.33% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $7.07 and a 200-day moving average of $5.69. 136,983 shares of the stock were exchanged, up from an average trading volume of 119,155
With a total market value of $0, Sterling Construction Company, Inc. has with a one year low of $3.69 and a one year high of $8.25 .
A total of 4 equity analysts have released a ratings update on STRL. zero equity analysts rating the company a strong buy, three equity analysts rating the company a buy, one brokerage rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $7.46.
General Company Details For Sterling Construction Company, Inc. (NASDAQ:STRL)
Sterling Construction Company, Inc. is a heavy civil construction company engaged in the building and reconstruction of transportation and water infrastructure projects in Texas, Utah, Nevada, Arizona, California, Hawaii and other states. The Company's transportation infrastructure projects include highways, roads, bridges, airfields, ports and light rail. Its water infrastructure projects include water, wastewater and storm drainage systems. The Company operates through heavy civil construction segment. The Company provides its services by using traditional general contracting arrangements, such as lump sum contracts and cost-plus contracts. The Company serves various markets in the United States, including Texas, Utah, Nevada, Arizona, California and Hawaii. The Company's customers include departments of transportation in various states (DOTs), regional transit authorities, airport authorities, port authorities, water authorities and railroads.
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