Sterling Construction Company, Inc. (NASDAQ:STRL) has been upgraded to Hold in a statement by Zacks Investment Research today.
- Updated: September 15, 2016
Just yesterday Sterling Construction Company, Inc. (NASDAQ:STRL) traded 3.31% higher at $6.92. The company’s 50-day moving average is $6.40 and its two hundred day moving average is $5.42. With the last stock price up 32.21% relative to the two hundred day average, compared to the S&P 500 which has fallen -0.01% over the same time. Volume of trade was was up over the average, with 179,712 shares of STRL changing hands over the typical 86,558 shares..
Zacks Investment Research has upgraded Sterling Construction Company, Inc.(NASDAQ:STRL) to Hold in a report released Tuesday September 13 2016.
Recent Performance Graph:
A total of 4 brokerages have reported on STRL. Zero rate the company a strong buy, three analysts rate the stock a buy, one firm rate the stock a hold, 0 rate the company to underperform, and finally 0 brokeragesrate the stock as sell with a 12-month target of $7.46
Sterling Construction Company, Inc. has a one-year low of $3.69 and a one-year high of $7.34. The company’s market cap is currently $0.0.
General Information About 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, and water authorities and railroads.
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